Lee Acquired by Authentic Brands Group | Consumer M&A Deal

Authentic Brands Group has acquired Lee, a consumer brands dtc business in New York, for $1.5 billion. Lee is a consumer apparel brand with global licensing and brand management capabilities that support direct-to-consumer growth strategies. Authentic Brands Group acquisitions focus on building and scaling consumer brands through platform acquisition and brand portfolio expansion across NY acquisitions. The strategic acquisition is categorized as a platform acquisition within consumer M&A, with deal size reported at $1.5 billion and additional valuation figures cited around $36 billion. Authentic Brands Group acquisitions are expected to close following a definitive agreement, positioning the buyer for further consumer deals NY expansion.