Year: 2010

Industry: Apparel, Footwear & Accessories, Specialty Retail

Service: Sell-Side M&A

Geography: North America

Financial Advisor to Sam Edelman on Sale of Remaining Stake to Brown Shoe Company

Sam and Libby Edelman, the founders and creative visionaries of Sam Edelman, partnered with Brown Shoe Company so their business could leverage Brown’s infrastructure and they could focus on design and product development in a transaction where Brown acquired 50% of Sam Edelman in 2007.

Sam Edelman relied upon Financo to negotiate the sale of its remaining 50% interest in the company to Brown Shoe to create longevity and allow Edelman to focus on product development, design and brand growth.

  • 2010

This transaction was completed prior to Raymond James’ acquisition of Financo.