Capri Holdings to Tapestry

Luxury & Apparel/Aug 2023/Barclays

Deal Information

Target

Capri Holdings

Acquiror

Tapestry

Sector

Luxury & Apparel

Target Type

Public

Acquiror Type

Strategic

Advisors

Barclays

Enterprise Value

$8.5B

EV / LTM Sales

1.5x

EV / LTM EBITDA

9.0x

EV / Fwd EBITDA

Comparable transactions cited by the advisor, excluding the subject transaction.

7 comps


May 2017	Kate Spade & Company	Coach, Inc.	$2.4B	-	10.2x	-
May 2015	Ann Inc.	Ascena Retail Group, Inc.	$2.0B	-	8.2x	-
Dec 2013	The Jones Group, Inc.	Sycamore Partners	$1.2B	-	8.9x	-
May 2013	Rue 21, Inc.	Apax Partners, L.P.	$1.1B	-	9.9x	-
Oct 2012	The Warnaco Group, Inc.	PVH Corp.	$3.0B	-	8.5x	-
Nov 2010	J.Crew Group, Inc.	Leonard Green & Partners, L.P., TPG	$2.7B	-	8.6x	-
Mar 2010	Tommy Hilfiger	PVH Corp.	$3.1B	-	8.3x	-
	Mean			-	8.9x	-
	Median			-	8.6x	-