Propét USA has been acquired by Merit Capital Partners and Aiglon Capital
The shareholders of Propét USA, Inc. have sold the company to Merit Capital Partners and Aiglon Capital.
Propét is a leading supplier of comfort footwear products across an extensive range of sizes and widths, selling through various major retailers, online marketplaces and medical establishments with powerful dropship capabilities. The company is driven by a mission to offer quality footwear for hard-to-fit feet with over 500 styles to support a wide range of activities. Founded in 1985, Propét has a rich heritage in designing, developing, and selling quality shoes for anyone seeking healthier and more dependable footwear.
Merit Capital Partners is a private investment firm which invests both equity and subordinated debt in each transaction. It partners with business owners, management teams and independent sponsors to provide flexible capital for management buyouts, recapitalizations, acquisition financings and other shareholder liquidity events.
Aiglon Capital is a private investment firm that acquires, manages, and grows middle-market manufacturing, distribution, and services companies.
Oaklins’ team in Los Angeles acted as the exclusive advisor to the seller in this transaction.
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