Elan-Polo, Inc. entered into an asset purchase agreement to acquire a 65% stake in DVS Footwear International LLC from Sequential Brands Group, Inc. (NasdaqCM:SQBG) for $2 million on July 19, 2021. Consideration will be paid in cash. Scott J. Greenberg, Barbara L. Becker and Saee Muzumdar of Gibson, Dunn & Crutcher LLP acted as legal advisor to Sequential Brands Group, Inc. Hugh W. Entrekin of Tune Entrekin & White acted as legal advisor to Elan-Polo, Inc. Elan-Polo, Inc. completed the acquisition of a 65% stake in DVS Footwear International LLC from Sequential Brands Group, Inc. (NasdaqCM:SQBG) on July 19, 2021.