Aiglon Capital and Merit Capital Partners Acquire Propét Footwear
February 1, 2022
Aiglon Capital, together with Merit Capital Partners, founder Robert Propét and company management, has acquired Propét Footwear, a designer, manufacturer and distributor of comfort and medical footwear headquartered in Auburn, Washington. Merit provided subordinated debt and equity to support the transaction as Aiglon executes its strategy of building market-leading manufacturing and distribution platforms in the lower middle market.
- Buyers
- Aiglon Capital Management, Merit Capital Partners, Robert Propét, Company management
- Targets
- Propét Footwear, Inc.
- Industry
- Manufacturing
- Location
- Washington, United States
- Transaction Type
- Buyout
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