Solomon Partners

Guess?, Inc. and WHP Global to Acquire rag & bone

Retrieved on: 
Friday, February 16, 2024
Retail, Online Retail, Department Stores, Fashion, Acquisition, Woman, Shareholder, Weather, Annual report, WHP, Sage Group, Growth, Timeless, Solomon Partners, Commitment, Risk, Family, O'Melveny & Myers, IP, LLP, GES, Acceleration, Clothing

Guess?, Inc. (NYSE: GES) and global brand management firm WHP Global today announced a definitive agreement to acquire New York-based fashion brand rag & bone.

Key Points: 
  • Guess?, Inc. (NYSE: GES) and global brand management firm WHP Global today announced a definitive agreement to acquire New York-based fashion brand rag & bone.
  • We look forward to partnering with WHP Global to build on rag & bone’s heritage.
  • and WHP Global have entered into a definitive agreement to acquire rag & bone, under which Guess?
  • will acquire and own all the brand's operating assets and assume the related operating liabilities of the rag & bone business.

Relationshop To Merge Mercatus Technologies and Stor.ai, Creating a Connected Commerce Ecosystem for Grocery Retailers of All Sizes

Retrieved on: 
Tuesday, January 9, 2024
Online Retail, Retail, Technology, Supermarket, Software, Electronic Commerce, Food, Beverage, Albertsons, Strack & Van Til, E-commerce, Research, Multimedia, Commerce, Winn-Dixie, Big Y, Walmart, Ecosystem, Vallarta Supermarkets, Weis Markets, Solomon Partners, WinCo Foods

View the full release here: https://www.businesswire.com/news/home/20240109892479/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240109892479/en/
    Relationshop To Merge Mercatus Technologies and Stor.ai, Creating a Connected Commerce Ecosystem for Grocery Retailers of All Sizes (Graphic: Mercatus)
    The strategic merger combines Mercatus' enterprise eCommerce platform with Relationshop’s expertise in unifying first-party data and powering personalized digital engagement.
  • This transaction comes on the heels of Relationshop acquiring Stor.ai, an eCommerce solution for independent grocers, in Jan. 2023.
  • The combined capabilities of all three companies will create a connected commerce ecosystem with robust shopper engagement, personalization and loyalty solutions scaled for retailers of all sizes in North America, Europe and the Middle East.
  • “The senior leadership team at Mercatus, backed by our board, is wholeheartedly devoted to advancing the connected commerce requirements of grocery retailers,” he said.

STRATACACHE Partners With the National Retail Federation on New 'What's in Store for Retail Media Networks' Event

Retrieved on: 
Wednesday, January 3, 2024
Category, Digital, McKinsey & Company, Kroger, Monetization, Albertsons, Addressability, NRF, IAB, Solomon Partners, PRN, Commerce, Total, University, Innovation, Walmart, Advertising, Content, SVP, ASDA, National Retail Federation

DAYTON, OH, Jan 4, 2024 - (ACN Newswire) - Global retail media company STRATACACHE and the National Retail Federation have partnered on the first event devoted to the rapidly expanding role of the physical store in the $122 billion global retail media ecosystem.

Key Points: 
  • DAYTON, OH, Jan 4, 2024 - (ACN Newswire) - Global retail media company STRATACACHE and the National Retail Federation have partnered on the first event devoted to the rapidly expanding role of the physical store in the $122 billion global retail media ecosystem.
  • "What's in Store for Retail Media Networks" takes place on Saturday, January 13, 2024 at the Jacob Javits center, kicking off this year's NRF 2024: Retail's Big Show, being held January 14-16.
  • "Digital retail media ad spending in the United States will soon exceed tv advertising revenue, accounting for more than 15% of total ad spend," says Chris Riegel, CEO of STRATACACHE.
  • "What makes this event unlike any others is that there is zero pay-to-play content in the day," adds Riegel.

Digital Sign Language: How to Thrive in the New Era of Pro AV and Out of Home Media

Retrieved on: 
Tuesday, December 19, 2023
Language, Marketing, DOOH, Barnes & Noble, Solomon Partners, OOh!media, Digital, COVID-19, Global Media Group, Pro, Face, Growth, Creativity

The book explores tech transformation in media, including Professional Audio Visual (Pro AV), on-premise and in-store media.

Key Points: 
  • The book explores tech transformation in media, including Professional Audio Visual (Pro AV), on-premise and in-store media.
  • It provides a comprehensive guide for the Pro AV hardware and software sectors, as well as marketers, media owners, and investors who want to comprehend and capitalize on the rapidly evolving and highly profitable Pro AV and Digital Out of Home (DOOH) media industries.
  • The book also explores the challenges and opportunities the Pro AV and DOOH media sectors each face in the wake of the COVID-19 pandemic, which has accelerated the adoption of digital communication and increased the demand for Pro AV.
  • “Digital Sign Language is a must-read for anyone who wants to learn how to thrive in the new era of Pro AV and Out of Home media,” Boidman said.

Solomon Partners Taking 70k Square Feet at 1251 Avenue of the Americas

Retrieved on: 
Monday, December 11, 2023
Sixth Avenue, ExxonMobil, Chicago Mercantile Exchange, Rockefeller Center, CME, Tenant, Solomon Partners, Corporate services, Newmark Group, Growth, AllianceBernstein

Solomon signed a 15-year lease for approximately 70,000 square feet spanning the entire 32nd and partial 31st floors of the iconic 53-story skyscraper.

Key Points: 
  • Solomon signed a 15-year lease for approximately 70,000 square feet spanning the entire 32nd and partial 31st floors of the iconic 53-story skyscraper.
  • “Despite what you read, it was challenging to locate trophy office space for a growing firm in midtown Manhattan,” said Solomon Partners CEO Marc Cooper.
  • Solomon currently subleases 42,000 square feet from AllianceBernstein at 1345 Avenue of the Americas.
  • In addition to the planned New York expansion, Solomon Partners established an office in the Chicago Mercantile Exchange building in 2021.

System1 Announces Sale of Total Security

Retrieved on: 
Thursday, November 30, 2023
Technology, Security, Marketing, Advertising, Communications, Professional Services, Software, Digital Marketing, Data Analytics, Data Management, Sale, Acquisition, NYSE, Transaction, Security (finance), Weil, Gotshal & Manges, Earnout, Just, Solomon Partners, Latham & Watkins, Total Security, Person, Total, Growth, Committee, SST, Sales, Cryptocurrency, RAMP

System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, today announced the sale of Total Security Limited (“Total Security”) to a group led by Just Develop It Limited (the “Transaction”).

Key Points: 
  • System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, today announced the sale of Total Security Limited (“Total Security”) to a group led by Just Develop It Limited (the “Transaction”).
  • The Transaction allows System1 to focus on its core advertising business and positions the Company for accelerated growth powered by its industry-leading Responsive Acquisition Marketing Platform (RAMP).
  • The Transaction also enhances the Company’s financial profile and leverage position, while providing greater financial flexibility to fuel its future growth.
  • “The sale of Total Security represents System1’s commitment to providing our world-class RAMP technology to powerful brands and delivering high-quality consumers to our advertising partners,” said Michael Blend, System1’s Co-Founder, Chairman & Chief Executive Officer.

PVH Corp. to Sell Warners, Olga and True & Co. Businesses to Basic Resources

Retrieved on: 
Monday, November 13, 2023
Fashion, Retail, Earnout, Warner Bros., PVH, Sills Cummis & Gross, Growth, Solomon Partners, Panzer corps, NYSE, Calendar, True & Co.

PVH Corp. (NYSE:PVH) and Basic Resources, a private, family-owned organization that manufactures and distributes apparel for leading consumer brands, today announced that Basic Resources will acquire PVH’s Warners, Olga and True & Co. businesses.

Key Points: 
  • PVH Corp. (NYSE:PVH) and Basic Resources, a private, family-owned organization that manufactures and distributes apparel for leading consumer brands, today announced that Basic Resources will acquire PVH’s Warners, Olga and True & Co. businesses.
  • “I want to thank our teams for building Warners, Olga and True&Co into the beloved brands they are today.
  • Under these powerful brands, PVH has built a business that offers innovative, solution-oriented products that strongly resonate with consumers.
  • Solomon Partners, L.P. is serving as exclusive financial advisor and Lowenstein Sandler is legal counsel to PVH on the transaction.

Liberty Media and SiriusXM Announce Transaction to Simplify Ownership Structure of SiriusXM

Retrieved on: 
Tuesday, December 12, 2023
Liberty Media, Stock dilution, Advertising, Form 10-K, Local, Pandora, Growth, Bank of America, Sport, News, Webcast, Sirius XM, Telephone, Bank, J. P. Morgan, Form, Cost-exchange ratio, Formula One, Participation, Principal, EBITDA, Simpson Thacher & Bartlett, Morgan Stanley, SIRI, Par value, O'Melveny & Myers, Solomon Partners, Prospectus, Proxy, Lead, Policy, Attention, ANY, DeBevoise, Committee, Risk, AS, The Company, Martha Plimpton, AND, Cryptocurrency, Holding company, Insurance, Security (finance), Music, Liberty

ENGLEWOOD, Colo. and NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc. (NASDAQ: SIRI) ("SiriusXM" or the "Company"), the leading audio entertainment company in North America, today announced that they have entered into definitive agreements whereby Liberty Media's Liberty SiriusXM tracking stock group (NASDAQ: LSXMA, LSXMB and LSXMK) (collectively "LSXM"), will be combined with SiriusXM to create a new public company ("New SiriusXM"), which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol "SIRI".

Key Points: 
  • New SiriusXM will have a simplified ownership structure and benefit from greater strategic flexibility and independence.
  • A wholly owned subsidiary of SplitCo will then merge with SiriusXM, and existing SiriusXM stockholders (other than Liberty Media) will receive 1:1 shares of SplitCo, which will become New SiriusXM.
  • A subsidiary of Liberty Media owning a majority of the outstanding shares of SiriusXM has delivered a written consent approving the transaction on behalf of SiriusXM stockholders.
  • Liberty Media and SiriusXM will hold a joint investor conference call and webcast at 8:30 AM ET to discuss the details of the transaction.

AmatoMartin Strengthens Market Presence with Acquisition of Valpak Increasing Capabilities Across Mailboxes and Digital Platforms

Retrieved on: 
Tuesday, November 28, 2023
Marketing, Workforce, Entrepreneurship, Growth, Advertising, Solomon Partners, Acquisition, Clipper Magazine, Publication, Valpak

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- AmatoMartin, a privately held investment holding company, is thrilled to announce its strategic acquisition of Valpak, a respected marketing and advertising solutions provider and industry leader in direct mail. This milestone aligns seamlessly with AmatoMartin's mission to help businesses grow and consumers save.

Key Points: 
  • NEW YORK, Nov. 28, 2023 /PRNewswire/ -- AmatoMartin, a privately held investment holding company, is thrilled to announce its strategic acquisition of Valpak, a respected marketing and advertising solutions provider and industry leader in direct mail.
  • This milestone aligns seamlessly with AmatoMartin's mission to help businesses grow and consumers save.
  • With a dedicated workforce exceeding 1,000 professionals, Valpak is set to play a pivotal role within the AmatoMartin portfolio.
  • AmatoMartin's John Amato expressed enthusiasm about the acquisition, stating, "The integration of Valpak into our portfolio marks a watershed moment in the marketing and advertising industry.

MediaRadar Acquires Kantar Group’s Vivvix to Offer a Comprehensive View of the Advertising Industry

Retrieved on: 
Thursday, November 2, 2023
Intelligence, Social media, Investment banking, Barclays, Acquisition, Radio, Transaction, Weil, Gotshal & Manges, Advertising, Growth, Database, Solomon Partners, AI, Simpson Thacher & Bartlett, Mobile phone, Sales, Financial adviser, Kantar

This transformative deal positions MediaRadar as the definitive source of advertising data and insights, serving the entire industry ecosystem from media owners to agencies and brands.

Key Points: 
  • This transformative deal positions MediaRadar as the definitive source of advertising data and insights, serving the entire industry ecosystem from media owners to agencies and brands.
  • “By combining Vivvix and MediaRadar, we offer a complete view of the entire advertising industry,” said Todd Krizelman, CEO and co-founder of MediaRadar.
  • Unified as one platform, MediaRadar will deliver the most comprehensive near real-time advertising intelligence available.
  • Weil, Gotshal & Manges served as legal advisor and Barclays Bank PLC, acting through its Investment Bank (“Barclays”) served as financial advisor to Kantar.