Renfro Brands Acquires Soffe (MJ Soffe)

The Renco Group Acquires Renfro Brands

June 9, 2021

Manufacturing

The Renco Group, a private, family-owned investment holding company based in New York, has acquired Renfro Brands, a century-old sock designer, manufacturer and brand steward headquartered in Mount Airy, North Carolina. The acquisition will support The Renco Group's manufacturing portfolio expansion and fund investments in Renfro's brand management, consumer connectivity and supply chain resilience.

S&S Activewear Acquires TSF Sportswear

April 5, 2022

Logistics & Distribution

S&S Activewear, a leading North American apparel wholesaler based in Bolingbrook, Illinois, has acquired TSF Sportswear, a multi-line wearables distributor with operations in Florida, Puerto Rico, Alabama and Texas. The deal expands S&S's footprint in the Southern U.S., adds TSF's warehouse locations and customer relationships, and gives TSF access to S&S's broader brand assortment and inventory network.

Rocky Brands Acquires Honeywell Performance and Lifestyle Footwear Business

March 15, 2021

Consumer Products

Rocky Brands, Inc. completed the acquisition of Honeywell’s performance and lifestyle footwear business — including The Original Muck Boot Company and XTRATUF — for $230 million on March 15, 2021. The acquired business generated approximately $205 million of 2020 net revenue and $24.5 million of EBITDA; the purchase was financed with senior credit facilities, a term loan and cash on hand and is intended to significantly expand Rocky Brands' portfolio and scale.

Christian Brands Acquires Murphy Robes

July 21, 2022

Manufacturing

Christian Brands, a Phoenix-based distributor and manufacturer, has acquired Murphy Robes Company of Indianapolis from Herff Jones. The acquisition brings the historic Murphy Robes product line and manufacturing capability into Christian Brands’ portfolio to strengthen distribution, web presence and field/telemarketing sales to church and Christian retail customers.

American Exchange Group Acquires Luxury Footwear Brand Aerosoles

January 19, 2022

Consumer Products

American Exchange Group has finalized an agreement to acquire the assets of luxury comfort footwear brand Aerosoles. The buyer plans to operate Aerosoles as a separate division, expand its distribution channels, introduce the brand into new categories, and leverage existing retail relationships (Nordstrom, Macy's, DSW, Zappos, Belk and aerosoles.com) to drive growth.

Massachusetts Capital Resource Company Invests in OOFOS, Inc.

January 11, 2023

Consumer Products

Massachusetts Capital Resource Company (MCRC) announced a growth-stage investment in OOFOS, Inc., the active-recovery footwear designer and seller founded in 2011. The proceeds will fund continued sales growth for OOFOS' OOfoam recovery footwear and support the company's expansion in the consumer recovery/athletic footwear market.