Bain Capital acquired Jack Wolfskin, a leading German outdoor equipment, apparel and footwear company, in 2002. While fast-growing at the time of the transaction, Bain Capital saw further growth potential via the roll-out of stores, introduction of new products and penetration of footwear.
Bain Capital worked closely supporting management to position the product range, increase marketing activity and facilitate franchise store openings. Improved sourcing, differentiated pricing and thoughtful management of close-out sales led to a material margin increase. In addition, Bain Capital invested in the internal systems and organization to support the higher growth platform.
Bain Capital sold Jack Wolfskin in 2005; since then the company has continued its very strong growth trajectory.