Add-on Acquisition • Apparel/Textiles

Implus Acquires Balega Socks

On June 4, 2015, Implus acquired apparel/textiles company Balega Socks

Acquisition Context
  • This is Implus’ 4th transaction in the Apparel/Textiles sector.
  • This is Implus’ 11th transaction in the United States.
  • This is Implus’ 7th transaction in North Carolina.

Explore All 755 Add-on Acquisition Apparel/Textiles Deals - Search the Database Free


M&A Deal Summary

Date June 4, 2015
Target Balega Socks
Sector Apparel/Textiles
Buyer(s) Implus
Deal Type Add-on Acquisition

Target Company

Balega Socks

Hickory, North Carolina, United States
Balega Socks is a performance socks manufacturer.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Implus

Durham, North Carolina, United States

Category Company
Founded 1988
Sector Apparel/Textiles
DESCRIPTION

Implus designs, markets and distributes insoles, foot care devices, traction devices, socks, shoe care products and shoe laces under four primary brand names (Sof Sole, AirPlus, Sof Comfort, Yaktrax and Sneakerballs) and several private-label brands. Implus was founded in 1988 and is based in Durham, North Carolina.


Deal Context for Buyer #
Overall 11 of 17
Sector: Apparel/Textiles 4 of 7
Type: Add-on Acquisition 11 of 16
State: North Carolina 7 of 7
Country: United States 11 of 16
Year: 2015 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 Trigger Point Performance

Austin, Texas, United States

Trigger Point Performance, Inc. is a sports performance, self-care brand concentrating on innovation, education and products that optimize muscular performance and personal empowerment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 FuelBelt

Warren, Rhode Island, United States

FuelBelt, Inc. is a manufacturer of hydration belts and running accessories.

Buy -