M&A Deal Summary

Implus Acquires Spenco Medical - Insoles and 2nd Skin

On June 30, 2016, Implus acquired apparel/textiles company Spenco Medical - Insoles and 2nd Skin from Spenco Medical

Acquisition Highlights
  • This is Implus’ 5th transaction in the Apparel/Textiles sector.
  • This is Implus’ 13th transaction in the United States.
  • This is Implus’ 3rd transaction in Texas.

M&A Deal Summary
Date 2016-06-30
Target Spenco Medical - Insoles and 2nd Skin
Sector Apparel/Textiles
Buyer(s) Implus
Sellers(s) Spenco Medical
Deal Type Divestiture

Target

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.

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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 Durham, North Carolina.

DEAL STATS #
Overall 14 of 17
Sector (Apparel/Textiles) 5 of 7
Type (Divestiture) 1 of 1
State (Texas) 3 of 3
Country (United States) 13 of 16
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 MCN Solutions CC

Cape Town, South Africa

MCN Solutions CC is a distributor of Implus and other branded sporting goods products in the region.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-30 STABIL

Biddeford, Michigan, United States

32 North Corp. is a manufacturer of traction footwear. 32 North is based in Biddeford, Michigan.

Buy -

Seller(S) 1

SELLER

Spenco Medical

Waco, Texas, United States
Category Company
Founded 1967
Sector Apparel/Textiles
DESCRIPTION

Spenco Medical Corp.is a producer of high quality insoles, foot care products, and shoes, provides the most advanced sports medicine and first aid products available.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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