Go Global Retail And Janie And Jack Acquire Brums Milano, A Leading Premium Children'S Fashion Brand From Preca Brummel Spa

May 31, 2022•over 3 years ago

Acquiring Company

Go Global Retail

Acquired Company

Brums Milano

Description

Go Global Retail today announced it has acquired Brums Milano, a leader in premium children's fashion with more than 150 corporate and franchise store locations in Italy, as well as strong online presence, offering apparel, footwear and accessories. Brums is also sold at La Rinascente and via 300 independent wholesale locations across Italy.

Company Information

Company

Go Global Retail

About

An innovative brand investment platform investing in fashion and retail from a customer-centric paradigm to build globally relevant brands. Retail will never be the same.

Company

Janie

About

Locate a Janie and Jack store near you. Get store hours, directions and more. Find a Janie and Jack in your area and shop our latest children's clothing collections.

Company

Jack

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

Go Global Retail And Janie And Jack Acquire Brums Milano, A Leading Premium Children'S Fashion Brand From Preca Brummel Spa

Description

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M&A Insights

Company Information