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.
Talk to the deal team
James Freedman
Oaklins Intrepid
Related deals
PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas
Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.
Learn moreIQGeo Group plc has been acquired by KKR to enhance geospatial software solutions
The global investment firm KKR has acquired IQGeo Group plc, a geospatial software developer headquartered in the UK, for US$429.8 million (£333 million).
Learn morePeter Möhrle has sold GROFA Group to DARFON Electronics Corp.
Peter Möhrle Holding GmbH & Co. KG has successfully completed the sale of GROFA Group to DARFON Electronics Corp.
Learn more