1. Home >
  2. M&A >
  3. Going Private >
  4. United States >
  5. Tennessee >
  6. Golden Gate Capital Acquires Wellco Enterprises

M&A Deal Summary

Golden Gate Capital Acquires Wellco Enterprises

On February 7, 2007, private equity firm Golden Gate Capital acquired apparel/textiles company Wellco Enterprises

Acquisition Highlights
  • This is Golden Gate Capital’s 2nd transaction in the Apparel/Textiles sector.
  • This is Golden Gate Capital’s 30th transaction in the United States.
  • This is Golden Gate Capital’s 1st transaction in Tennessee.
Investment Fate
  • Wellco Enterprises went bankrupt in 2014.

M&A Deal Summary
Date 2007-02-07
Target Wellco Enterprises
Sector Apparel/Textiles
Buyer(s) Golden Gate Capital
Deal Type Going Private

Target

Wellco Enterprises

Knoxville, Tennessee, United States
Wellco Enterprises, Inc. engages in the manufacture and sale of military and other rugged footwear in the United States and internationally. Its products include military combat boots - including the hot weather boot, temperate weather boot, and the anti-personnel mine boot - as well as similar military-style boots for the civilian consumer.

Search 206,096 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Golden Gate Capital

San Francisco, California, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Golden Gate Capital is a large private equity firm focused on buyout and growth equity investments across a wide variety of industries. The Firm partners with management teams to make equity investments in situations where there is a demonstrable opportunity to significantly enhance a company's value. Sectors of interest include software and IT services, semiconductors, electronics, consumer products and retail, financial services, business services, and media. Prospective transaction types include public-to-privates, corporate extractions, bankruptcy auctions, and recapitalizations. Golden Gate Capital was formed in 2000 and is based in San Francisco, California.

DEAL STATS #
Overall 36 of 112
Sector: Apparel/Textiles M&A 2 of 5
Type: Going Private M&A Deals 4 of 11
State: Tennessee M&A 1 of 1
Country: United States M&A 30 of 100
Year: 2007 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Apogee Retail

Little Canada, Minnesota, United States

Apogee Retail LLC is a regional specialty retailer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-15 Cydcor

Westlake Village, California, United States

Cydcor is an outsourced face-to-face marketing company. Through its network of approximately 3,000 highly-skilled sales professionals, the Company provides its clients with a unique opportunity to reach new customers for either business-to-business or business-to-consumer sales. Cydcor is headquartered in Westlake Village, CA and operates throughout the US and Canada.

Buy -
Mergr

Product

Company

Legal