BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / Trainer reseller Kick Game exploring £150m sale

Trainer reseller Kick Game exploring £150m sale

Mon, 15 Aug 2022 | BUSINESS SALE

Trainer reseller Kick Game exploring £150m sale

Trainer reseller Kick Game is reportedly considering a sale, which could value the business at around £150 million. The company, which has seen its sales rise rapidly since the start of the COVID-19 pandemic, claims to be the UK’s biggest sneaker and trainer reseller.

Trainers have been described as an emerging asset class among traders and collectors, amid rising demand for limited edition footwear. The prices that limited-edition footwear can fetch rises as their scarcity increases, leading to hopes that Kick Game could fetch a high price if it proceeds with a sale.

Investment bank Cowen & Co has estimated that the value of the trainer resale market could hit $30 billion (£24.8 billion) by 2030. The resale market for limited edition streetwear and trainers has also been among a small number of industries to benefit from the otherwise devastating impact of the supply chain crisis.

Amid this favourable environment, Sky News has reported that Kick Game has now engaged accountancy firm PricewaterhouseCoopers (PwC) to explore strategic options for the business, including a potential sale. Sky News reports that the sale process is expected to take several months.

Founded in 2013, Kick Game has expanded to have stores in London, Liverpool, Leeds, Manchester and Birmingham. The company, which has developed a strong following among Gen Z customers, is backed by growth investment firm VGC Partners.

VGC Partners, which focuses on consumer industries and has invested in firms including Iconic Images and SuperAwesome, is thought to be in the process of finalising a £150 million fundraising.

Despite the appointment of PwC and the possibility that Kick Game may explore a sale, reports have quotes insiders as saying the business could opt for a further capital-raise over an outright sale.


Read more about M&A in the fashion industry.

Find businesses for sale here.

If you are looking for an exit, we can help!.


Share this article



Latest Businesses for Sale

E-commerce Sales of Jewellery, Lingerie & Sexual Health Products
UK Wide

The company offers the sale of fashion jewellery, lingerie, and sexual health products and toys, pyjamas, gym clothing, beachwear, and PPE. Priding itself on its high-quality products and exceptional customer service, the company offers its produc...

Asking Price: Offers Invited
Turnover: £5,500,000

LEASEHOLD


Luggage and Hamper Gifting Business
UK Wide

A thriving e-commerce business that specialises in both travel luggage and hamper gifting sectors. The business has been trading since January 2012. They have introduced a branded website for affordable gifting to suit all budgets and occasions and a...

Asking Price: Offers Invited
Turnover: £300,000

LEASEHOLD


Commercial Vehicle Dealership
South of England, UK

A commercial vehicle sales business that supplies a range of used commercial vehicles from a number of well-known brands, including Ford, Citroen, Mercedes and Vauxhall. Trading out of a sizable portable premises. Operates from leasehold premises...

Asking Price: £150,000
Turnover: £701,493

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
26
 
Jan
 

UK M&A down 16 per cent in 2022, but sentiment remains optimistic | BUSINESS NEWS

New analysis from PwC has revealed that UK M&A activity decl...

 
26
 
Jan
 

Private equity-backed law firm targeting further M&A in 2023 | BUSINESS NEWS

Stowe Family Law, a Leeds-headquartered specialist family la...

 
25
 
Jan
 

Eastbourne seafront hotel on the market for £2.3m | COMMERCIAL PROPERTY

The Eastbourne Riviera Hotel, located on the town’s po...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.