Everett, WA – Specialty sport and fashion retailer Zumiez has partnered with Brentwood Associates to position the company for continued growth. Brentwood has made a minority investment in Zumiez, the fastest growing retailer in the teen snow, skate and surf retail market. Zumiez stores feature creative lifestyle merchandising, interactive elements and the Zumiez “living room.”
Brentwood Associates is a leading Los Angeles-based private equity investment firm with over $750 million under management.
“With 100 stores across the United States and plans for at least twenty more in 2003,” states Zumiez President and CEO Rick Brooks, “Zumiez continues to increase its visibility and reach by adding our distinctively interactive bricks-and-mortar stores in new markets. Brentwood’s expertise with other growth companies strengthens our continued mission to expand to new areas while sustaining an excellent retail experience in customer service and store ambiance.”
Zumiez Founder and Chairman Tom Campion formed the company in 1978, bringing Brooks on board in 1993. Campion and Brooks will continue to oversee the company with a consistent vision, a hands-on style and a reverence for the Zumiez people, from management to the front line retail team. Campion’s pioneering vision is marked by his talent for anticipating trends and reacting quickly to market needs. Zumiez was the first retailer to sell snowboards in shopping malls and the first to export surf culture to regions like the Pacific Northwest. Zumiez stores are immersed in local sports through their events, tours, advertising and vendor promotions with hot brands such as Burton, Etnies, Quiksilver, Roxy, DC, Element and Volcom at their stores across the country.
“We are excited to partner with the Zumiez leadership team as they have created a highly differentiated retail concept with tremendous growth potential,” explains Brentwood General Partner William M. Barnum, Jr. “As teens and young adults continue to embrace the action-sports lifestyle, we believe Zumiez is uniquely positioned to become a category leader on a national scale.”
Zumiez opened its first store in Seattle’s Northgate Mall in 1978. Today, the company operates stores in Alaska, California, Colorado, Idaho, Illinois, Minnesota, Montana, New York, Oregon, Utah, Washington and Wisconsin. Zumiez also offers a wide product selection on its award-winning website at www.zumiez.com.
Founded in 1972, Brentwood has focused on sponsoring the aggressive growth strategies of companies in attractive sectors. The firm creates shareholder value over a long-term investment period, typically five to seven years. For more information about Brentwood Associates, visit the company’s website at www.brentwood.com.