- Beauty & Personal CareSage provides M&A and capital-formation advice to independent brands and public corporations in beauty and personal care. Sage is well versed in this industry, with professionals who have direct operational experience at the world's leading beauty company in new product development, marketing, and corporate buy-side.
Recent clients who Sage has advised include: ORIBE, the preeminent luxury haircare brand, in its sale to KAO USA; Vita Liberata, a prestige sunless tanning brand, in its sale to Crown Laboratories; and, BH Cosmetics, a digitally native makeup brand, in its sale to MidOcean Partners. Other former clients have included GLAMGLOW, Too Faced Cosmetics, and Keratin Complex.
- Apparel & AccessoriesAs a leading investment bank to contemporary apparel and accessories companies, Sage has unparalleled industry expertise that is sought out by entrepreneurs, executives, public corporations, and private equity funds globally. Sage has advised on over 60 transactions in apparel and accessories, constituting many billions of dollars in deal volume.
Notable clients whom Sage has advised include: Dutch LLC (Joie, Current/Elliott, and Equipment brands) in its majority interest sale to TA Associates; Juicy Couture, in its sale to Liz Claiborne; Vince, in its sale to Kellwood; J Brand, in its majority interest sale to Irving Place Capital; and, Guess, on various corporate finance advisory assignments, among many others.
- E-CommerceAcross all industry verticals, there is a rising generation of disruptive digitally native brands with attractive growth profiles, go-to-market strategies, and compelling technologies. Leveraging deep domain expertise, Sage advises its clients on key topics including maximizing customer lifetime value, optimizing transaction metrics, and executing customer acquisition strategies.
Recent clients who Sage has advised include: Bombas in its sale to Great Hill Partners; and, BH Cosmetics in its sale to MidOcean Partners.
- Specialty RetailWith trends of market consolidation continuing to impact the retail sector, Sage regularly advises its clients in exploring a comprehensive set of strategic and capital-raising alternatives. Sage has expertise across different retail verticals, including apparel and accessories, footwear, beauty, eyewear, jewelry, home furnishings, and active-wear.
Notable clients have included: Intermix, a multi-brand specialty retailer of luxury and contemporary women’s apparel, in its sale to GAP Inc.; Alexis Bittar, a premium designer brand of costume jewelry, in its recapitalization by TSG Consumer Partners; Daniel’s, a jewelry retailer with a proprietary credit platform, in its recapitalization by Palladium Equity Partners; and, Calypso, a lifestyle women’s apparel brand, in its majority interest sale to Solera Capital.
- FootwearFootwear remains a relatively fragmented market space that attracts widespread interest from private equity firms and strategic companies. Sage has completed numerous deals in footwear, and continues to advise a diverse client base of contemporary and luxury brands across various categories including formal dress, casual, and athletic.
Sage recently advised TOMS, the inspirational shoe brand that turned the idea of One-for-One™ into a global movement, in its 50% sale to Bain Capital. Other notable footwear clients have included DC Shoes in its sale to Quiksilver, and Charles David in its sale to New York Transit.
- Luxury GoodsDespite recent market volatility, the luxury goods industry is resilient and continues to witness strong cross-border M&A activity. This is driven in part by trends of globalization with vast new sources of capital from emerging markets seeking investments in high-profile assets, while US and European brands look to raise their profiles in Asia-Pacific and Latin American countries.
Sage recently advised Robert Marc, a luxury eyewear brand, in its sale to Luxury Optical Holdings, as well as Bluestar Alliance in the sale of Brian Atwood to an entity owned by Steve Madden and Brian Atwood.
- Lifestyle & Action SportsThe lifestyle and action sports markets are multi-faceted, with future growth stemming primarily from the many emerging independent brands that bring disruptive innovation and creativity to the sector.
Notable clients have included: DC Shoes, an action sporting goods manufacturer, in its sale to Quiksilver; and prAna, a brand of climbing, yoga, and outdoor lifestyle apparel, in its sale to Liz Claiborne; and, DNA, a designer and manufacturer of skateboards and accessories, in its sale to Burton. Sage also advised Incase Designs in its majority interest sale to Swander Pace Capital.
- Food & BeverageRepresenting billions of dollars in M&A volume, food and beverage is a vast industry with multiple untapped white space opportunities from high-end organic and natural products to snacks and new-age beverages. This category is rapidly evolving, requiring winning concepts to balance growth and authenticity. Sage has strong industry relationships with public corporations, such as Monster Beverage, and direct partnerships with founders of emerging independent brands.
Sage recently advised Joyride Coffee Distributors in its minority investment transaction with Continental Grain Company.
- OtherBased in Los Angeles, Sage has close relationships with leading industry executives, and regularly advises innovators in the media industry on various transaction alternatives.
Sage recently served as buy-side financial advisor to Quixote Studios, a diversified entertainment services provider, in its acquisition of Movie Movers, a provider of production and talent trailers to the entertainment industry. Sage also advised American Hi Definition and Sweetwater Video Productions in their sale to NEP Broadcasting.