M&A Deal Summary

Implus Acquires Yaktrax

On May 15, 2006, Implus acquired apparel/textiles company Yaktrax

Acquisition Highlights
  • This is Implus’ 1st transaction in the Apparel/Textiles sector.
  • This is Implus’ 1st transaction in the United States.
  • This is Implus’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2006-05-15
Target Yaktrax
Sector Apparel/Textiles
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

Yaktrax

Durham, North Carolina, United States
Yaktrax LLC is a provider of outdoor performance foot care products.

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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 1 of 17
Sector: Apparel/Textiles 1 of 7
Type: Add-on Acquisition 1 of 16
State: North Carolina 1 of 7
Country: United States 1 of 16
Year: 2006 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-30 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.

Buy -