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David Peyser Sportswear Announces Purchase Of Magnaready®

Mar 29, 2022over 3 years ago

Acquiring Company

David Peyser Sportswear

Acquired Company

MagnaReady

ManufacturingClothing And ApparelDesignCommunity And Lifestyle

Description

Plan to license and expand the Original Magnetic Shirt Company in 2018

Company Information

Company

David Peyser Sportswear

About

David Peyser Sportswear is a leading manufacturer and marketer of outerwear and sportswear. The company owns Weatherproof®, a leading brand of better men’s and women’s outerwear and sportswear available at top retailers in the US and internationally. In addition to the Weatherproof®, the company owns and operates the 32 Degrees® brand. The company also markets a men’s sportswear collection under the Weatherproof® Vintage brand. In addition the company offers cold weather accessories, footwear, slippers, hosiery, loungewear, children’s, and a variety of other product categories under the Weatherproof® Vintage brand through licensing partners. David Peyser Sportswear also owns MV Sport® and The Game®, leading providers of custom decorated apparel and hats to the college bookstore, resort and corporate markets. The company was founded in 1948 and is based in Bay Shore, New York, with showrooms in New York City.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed