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  6. Implus Acquires Balega Socks

M&A Deal Summary

Implus Acquires Balega Socks

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2015-06-04
Target Balega Socks
Sector Apparel/Textiles
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

Balega Socks

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

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Buyer(S) 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 STATS #
Overall 11 of 17
Sector: Apparel/Textiles M&A 4 of 7
Type: Add-on Acquisition M&A Deals 11 of 16
State: North Carolina M&A 7 of 7
Country: United States M&A 11 of 16
Year: 2015 M&A 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 -
Mergr

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