Tracked deals
10
10 tracked deals across 2021-2026.
Retail Buyers & Acquisitions in Wisconsin
Buyer mix
Mixed buyer set
9 strategic · 5 pe
Top trend
Volume peaked in 2024
4 tracked deals announced in 2024.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Action Power Sports, Inc. | 1 | Regional powersports dealership operating new and used ve... | Strategic |
| Camping World Holdings, Inc. | 1 | Largest retailer of recreational vehicles and related pro... | Strategic |
| Concentric Equity Partners | 1 | Private investment firm that provides capital and strateg... | PE |
| Exaltare Capital Management, LLC | 1 | Private investment firm focused on franchise and multi-un... | PE |
| Financial Investments Corporation | 1 | Private asset management firm / family office that manage... | Family Office |
| Genesis Park | 1 | Private credit and equity investment firm providing flexi... | PE |
| LEWHP, LLC | 1 | Wholly owned indirect acquisition vehicle associated with... | Strategic |
| NewSpring (NewSpring Franchise) | 1 | Lower-middle-market private equity firm offering multiple... | PE |
| Shell Oil Co. | 1 | Integrated oil and gas company; partner in fuel supply an... | Strategic |
| Shoe Carnival, Inc. | 1 | Publicly traded family footwear retailer operating Shoe C... | Strategic |
Acquisition Volume in Retail in Wisconsin by Year
Last 5 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- LEWHP, LLC, WHP Topco, L.P. d/b/a WHP Global
- Target
- Lands' End, Inc.
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P. doing business as WHP Global, announced the expiration of its tender offer to purchase up to 2,222,222 shares of Lands' End, Inc. at $45.00 per share in cash. As of the March 31, 2026 expiration time, 29,243,942 shares were tendered and not withdrawn, and the purchaser accepted 2,222,222 shares on a pro rata basis.
-
August 29, 2024
- Buyer
- True North Energy LLC, Shell Oil Co.
- Target
- Wagner Shell Co. / Wagner Oil (15 convenience retailing and petroleum marketing assets)
- Seller
- Mellissa Wagner and family, Wagner Shell Co.
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Divestiture
True North Energy LLC, a joint venture between the Lyden family and Shell Oil Co., has acquired 15 fee-owned convenience retailing and petroleum marketing assets from Wagner Shell Co./Wagner Oil in the Green Bay, Wisconsin market. The stores — previously owned and operated by Mellissa Wagner and family — will be reimaged to the truenorth brand and continue selling Shell fuel while expanding True North's Wisconsin footprint.
-
July 12, 2024
- Buyer
- Soccer Post
- Target
- Stefans Soccer
- Seller
- Anne Nowakowski (co-owner of Stefans Soccer)
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
Soccer Post, the largest community-focused soccer specialty retailer in the United States, has acquired Stefans Soccer, a family-owned specialty retailer operating multiple locations in the greater Milwaukee, Wisconsin area. The acquisition expands Soccer Post’s local-market footprint in Wisconsin and surrounding states and brings Stefans’ team and community-focused retail operations into Soccer Post’s omni-channel platform.
-
April 15, 2024
- Buyer
- SpartanNash
- Target
- Metcalfe's Market
- Seller
- Metcalfe family (Tim and Kevin Metcalfe)
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
SpartanNash has acquired Metcalfe's Market, a three-store Wisconsin grocery chain, expanding SpartanNash's Wisconsin footprint to seven stores. SpartanNash will retain Metcalfe's storefront, branding and employees, and bring its private-label offerings and loyalty program to the acquired stores; terms were not disclosed.
-
February 14, 2024
- Buyer
- Shoe Carnival, Inc.
- Target
- Rogan's Shoes
- Seller
- Rogan family (owners of Rogan's Shoes)
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
Shoe Carnival, Inc. acquired Rogan's Shoes, a 53-year-old family and work footwear retailer operating 28 stores across Wisconsin, Minnesota and Illinois, for $45 million in an all-cash transaction. The acquisition is expected to be immediately accretive to fiscal 2024 results (approx. $84M in sales and $10M in operating income) and expands Shoe Carnival's presence in Wisconsin and into Minnesota while integrating Rogan's into the Shoe Station banner.
-
- Buyer
- Concentric Equity Partners, Financial Investments Corporation
- Target
- The Boat House Group
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Growth capital
Concentric Equity Partners, the direct investing arm of Financial Investments Corporation, has completed a strategic investment partnership with The Boat House Group to support the dealer’s acquisition-driven growth and operational expansion. The capital and strategic support will help TBHG pursue acquisitions, increase operational efficiency, and expand its multi-store boat dealership and marine services footprint across the Midwest and Florida.
-
June 14, 2023
- Buyer
- Camping World Holdings, Inc.
- Target
- Van Boxtel RV
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
Camping World Holdings, Inc. has agreed to acquire Van Boxtel RV in Green Bay, Wisconsin, with the transaction expected to close in the third quarter of 2023. The deal will increase Camping World's Wisconsin locations to seven and adds sales, over 30 service bays, a collision center, seasonal rentals and a parts and accessories store at the Green Bay site.
-
- Buyer
- Exaltare Capital Management, LLC, Genesis Park, Tecum Capital
- Target
- GF Midwest, Inc.
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
Exaltare Capital Management acquired GF Midwest, Inc., a Milwaukee-based operator of 23 Good Feet Store franchises across nine states. The transaction was financed with debt and equity capital from Genesis Park and Tecum Capital; founder Arnold Pereira remains CEO and a meaningful shareholder as the company pursues new-store development and acquisitions to scale.
-
April 1, 2022
- Buyer
- Action Power Sports, Inc.
- Target
- Don & Roy's Cycle Shop, Inc. (dba Don & Roy's MotorSports)
- Seller
- Don & Roy's Cycle Shop, Inc. (owners)
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Buyout
Action Power Sports, a Waukesha-based powersports dealership, acquired Don & Roy's Cycle Shop (dba Don & Roy's MotorSports), a long-standing family-owned powersports dealership in Brookfield, Wisconsin. The sale, advised by Generational Equity, closed on April 1, 2022 and transfers ownership of Don & Roy's new/used vehicle sales, parts and service operations to Action Power Sports to support employees and customers.
-
December 14, 2021
- Buyer
- NewSpring (NewSpring Franchise)
- Target
- Central Bark
- Industry
- Retail
- Location
- Wisconsin, United States
- Type
- Growth capital
NewSpring’s franchise-focused strategy, NewSpring Franchise, made a growth equity investment in Central Bark to accelerate the dog daycare brand’s franchise expansion and strengthen its infrastructure. Central Bark’s founders will remain involved in operations as the company uses proceeds to fuel geographic expansion, franchise development, and investments in technology and operations.
Build a buyer list for your Retail deal
Find buyers actively acquiring retail companies.
Related Acquisition Pages
Retail Buyers & Acquisitions
Retail Buyers & Acquisitions in Canada
Private Equity-Backed Retail Buyers
Retail Acquisitions in 2026
Retail Acquisitions in 2024
Retail Acquisitions in 2023
Retail Acquisitions in 2022
Retail Acquisitions in 2021
Acquisitions in Wisconsin
Private Equity-Backed Acquisitions in Wisconsin
Acquisitions in Wisconsin in 2026
Acquisitions in Wisconsin in 2024