Oliver Cabell (or the “Company”) has completed a recapitalization transaction in which an undisclosed multi-billion dollar family office acquired a significant minority interest in the Company.
Founded in 2017 by Scott Gabrielson, Oliver Cabell is a rapidly growing digital-first brand that creates distinct and premium footwear for the modern consumer. With an instantly recognizable aesthetic and branding, Oliver Cabell is known for its unique hybrid of high-end luxury, timeless essentials, and fashion-forward products.
Appreciated for its unique competitive positioning, Oliver Cabell occupies a clear whitespace in the market, bolstered by three key dynamics: attainable prices, innovative approach to design and DTC distribution, and luxury sneaker brand appeal.
Oliver Cabell continues to experience tremendous growth through its proprietary e-commerce channel, retail stores, and select wholesale partnerships.
Scott and the Company’s existing management team will continue to run the business in collaboration with strategic insight from its new partner.
Going into the process, we didn’t know what type of transaction or buyer was best for what we wanted to achieve. Sage advised and educated us as to the various alternatives and then orchestrated a robust process that delivered numerous options across various transaction structures and buyer types, ultimately delivering successfully against all of the objectives we were trying to accomplish. They provided invaluable advice at each stage of the process, and I’m incredibly grateful that we chose Sage to advise and guide us through the process from the start through the day of closing. Sage was thoughtful, creative, and rigorous in how they managed the process. We couldn’t have gotten to this quality of outcome without them.Founder & CEO Scott Gabrielson