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  5. Implus Acquires MCN Solutions CC

M&A Deal Summary

Implus Acquires MCN Solutions CC

On June 14, 2016, Implus acquired distribution company MCN Solutions CC

Acquisition Highlights
  • This is Implus’ 1st transaction in the Distribution sector.
  • This is Implus’ 1st transaction in South Africa.

M&A Deal Summary
Date 2016-06-14
Target MCN Solutions CC
Sector Distribution
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

MCN Solutions CC

Cape Town, South Africa
MCN Solutions CC is a distributor of Implus and other branded sporting goods products in the region.

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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 13 of 17
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 13 of 16
Country: South Africa M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Spenco Medical - Insoles and 2nd Skin

Waco, Texas, United States

Spenco Medical Corp. - Insoles and 2nd Skin business includes the Sof Sole®, apara®, Airplus®, and Sof Comfort® brands.

Buy -
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