M&A Deal Summary

Implus Acquires Sneaker Balls

On July 30, 2007, Implus acquired consumer products company Sneaker Balls

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

M&A Deal Summary

Date 2007-07-30
Target Sneaker Balls
Sector Consumer Products
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

Sneaker Balls

Durham, North Carolina, United States
Sneaker Balls is a patented shoe deodorizing product. Sneaker Balls deodorizers are designed to take action in those tiny and undesirable places where average air fresheners will not fit.

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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 2 of 17
Sector (Consumer Products) 1 of 8
Type (Add-on Acquisition) 2 of 16
State (North Carolina) 2 of 7
Country (United States) 2 of 16
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-15 Yaktrax

Durham, North Carolina, United States

Yaktrax LLC is a provider of outdoor performance foot care products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-05 Little Hotties Warmers

Durham, North Carolina, United States

Little Hotties Warmers is a provider of hand, body and toe warmers.

Buy -