S&S Activewear, Bolingbrook, Illinois, has signed a definitive agreement to acquire competitor TSC Apparel, marking S&S’s fourth acquisition since 2010.
Over the past decade, S&S has made significant investments in North American capacity and technology. With approximately 4 million square feet of warehouse space and more than 2,000 employees, the company confirms its leading position in the blank apparel distribution market with this new acquisition.
“We saw a great affinity between TSC and S&S,” said Jim Shannon, CEO of S&S. “We both built our business through a positive company culture, retail-brand focus, and the development of relationships with employees, vendors, and customers.”
Founded in 1976, TSC has grown from a regional T-shirt supplier into a leading national distributor of blank apparel and accessories, serving over 30,000 customers. Under the current management team, TSC has built a loyal customer base with service and product reliability as its focus.
“We see this as an exciting next chapter for our company,” said Dave Klotter, CEO of TSC Apparel. “Through a similar customer-centric approach, S&S will be able to build on our success that will greatly benefit our industry.”
Today, S&S products can reach 99% of the U.S. within two days and 44 states in just one day. Joining forces with TSC will allow the supplier to bring a larger depth of inventory and an expanded product offering to the marketplace.
We’re excited to inherit such a well-established company,” said Frank Myers, chief operating officer and chief financial officer for S&S. “For years, we have thought it made a lot of sense to acquire TSC, not only for both our companies, but for our industry as a whole. We are bringing together two organizations dedicated to creating a first-class customer experience.”
Debevoise & Plimpton LLP served as legal counsel to S&S in the transaction. For more information, visit www.ssactivewear.com.
