Consumer | Mergers & Acquisitions

Shoe Station has been Acquired by Shoe Carnival

  • TM Capital served as exclusive financial advisor to Shoe Station, Inc. (“Shoe Station”) in connection with its sale to Shoe Carnival, Inc. (Nasdaq: SCVL)
  • Shoe Station is one of the nation’s largest independent footwear retailers, with 21 locations in five Southeastern states – Alabama, Florida, Georgia, Louisiana and Mississippi – as well as comprehensive eCommerce capabilities
  • The acquisition of Shoe Station creates a complementary, combined retail platform to serve a broader customer base across both urban and suburban demographics
  • Shoe Carnival, Inc. is one of the nation’s largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands through 377 stores across 35 states

 

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Client Testimonial

TM Capital took on the role of our financial advisor after we interviewed numerous firms.  The experience and expertise of the TM team from start to finish ended in partnership with an organization that honors the legacy of my father, our Company’s founder.  TM recognized the unique dynamic of a family owned business and focused on a result that provided not only return to shareholders but also an understanding that the name Shoe Station was a regional resource which could continue to be developed for generations to come.  We appreciate TM’s time, effort and energy spent on achieving the best outcome for our entire Shoe Station family."
– G. Brent Barkin, Chief Executive Officer, Shoe Station, Inc.