Sale of Field & Trek to Sports Direct International
Argyll Partners acted as lead advisor to the shareholders of Field & Trek on a sale to Sports Direct.
Field & Trek
£14 million turnover multi-channel retailer of outdoor clothing and accessories
family owned business
Deal highlights
strategically planned sale process to three preferred trade acquirors
sold 60% of the equity to Sports Direct for £5 million with put options on the balance
substantially exceeded vendors price expectations for a cash constrained loss-making business