M&A Deal Summary

Implus Acquires Perfect Fitness

On September 19, 2011, Implus acquired consumer products company Perfect Fitness

Acquisition Highlights
  • This is Implus’ 2nd transaction in the Consumer Products sector.
  • This is Implus’ 5th transaction in the United States.
  • This is Implus’ 1st transaction in Ohio.

M&A Deal Summary

Date 2011-09-19
Target Perfect Fitness
Sector Consumer Products
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

Perfect Fitness

Durham, Ohio, United States
Perfect Fitness LLC is a designer, manufacturer and distributor of fitness equipment.

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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 5 of 17
Sector (Consumer Products) 2 of 8
Type (Add-on Acquisition) 5 of 16
State (Ohio) 1 of 1
Country (United States) 5 of 16
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-02 Highgear USA

Fletcher, North Carolina, United States

Highgear USA, Inc. is a manufacturer and distributor of performance watches, navigation tools and other accessories.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-02 ICEtrekkers

Durham, North Carolina, United States

ICEtrekker's founders, producers of high end tire chains, came across a clever product used by walkers to navigate steep icy hills during the winter. It occurred to them that this concept could be improved upon, so they put their collective expertise together and began developing a line of personal traction devices based on the same principles used for vehicle traction: chains, studs and cables. What became clear in this process was the need to address different types of users, conditions and affordability.

Buy -