In a strategic move to diversify its offerings, Wubba Lubba Dub Dub (WLDD) has acquired a majority stake in the direct-to-consumer sneaker brand 7-10. Founded in 2021 by Shibani Bhagat, 7-10 is renowned for its homegrown sneakers catering to both men and women.
Done Deal Edge
This acquisition marks WLDD's third successful transaction facilitated through Done Deal, following its previous acquisitions of ScoopWhoop and Credwise. Done Deal's platform enabled WLDD to seamlessly identify and engage with 7-10, aligning with its vision to expand into the D2C market.
The Journey to Acquisition
WLDD acquired a majority stake in 7-10 through an all-cash deal. This strategic partnership aims to integrate 7-10's unique product line into WLDD's expanding portfolio, enhancing its presence in the D2C landscape.
Done Deal: Empowering Strategic Growth
At Done Deal, we specialize in connecting companies with strategic partners to foster growth and innovation. Our platform has been instrumental in facilitating WLDD's recent acquisitions, demonstrating our commitment to enabling seamless and strategic collaborations.
Article Links
- Inc42: After ScoopWhoop, WLDD Acquires D2C Sneaker Brand 7-10
- TechStory: WLDD Acquires Majority Stake in 7-10: A Strategic Move into the D2C Sneaker Market
- StartupTalky: WLDD Acquires Sneaker Brand 7-10, Expands into D2C Market
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