Retail Acquisitions in Alabama

JD Sports Fashion plc (JD) completed the acquisition of Hibbett, Inc., an athletic-inspired fashion retailer headquartered in Birmingham, Alabama, for $87.50 per share (enterprise value ~ $1.1 billion). Hibbett will become part of JD's North American platform while maintaining its Birmingham headquarters and current leadership team.

OneWater Marine Inc. (NASDAQ: ONEW) acquired the net assets of Harbor Pointe Marina, an on-water dealership located in Dadeville, Alabama, expanding the company's presence on Lake Martin. The transaction (real estate excluded; inventory taken on consignment) broadens OneWater's new and pre-owned boat sales, finance, parts and services offerings; Harbor Pointe generated approximately $5.8 million in sales in 2022.

Blue Compass RV (formerly RV Retailer, LLC) has acquired B&R Camper Sales, a full-service RV dealership in Mobile, Alabama. The deal expands Blue Compass RV’s retail, parts and service footprint in the Southeast as part of its ongoing roll-up of regional dealerships.

TZP Group led a majority recapitalization of America's Thrift Stores, partnering with Nuveen Global Impact Fund and the company's existing management team to support growth. The investment will fund expansion of retail and e-commerce operations, growth of the donation network, and further the company's role in the circular economy.

Shoe Carnival, Inc. acquired substantially all of the assets of family‑owned Shoe Station, Inc. for $67 million in a cash‑funded transaction. The deal adds 21 Southeastern retail locations and e‑commerce capabilities, is expected to be immediately accretive to diluted EPS in fiscal 2022, and contributes approximately $100 million in incremental net sales.

Walgreen Co. agreed to acquire Jim Myers Drug Inc., a family-owned pharmacy chain with five stores in Tuscaloosa, Alabama. The deal — expected to close in June — will preserve local services such as home delivery and offers positions to the chain's roughly 75 employees.