Westward Partners Acquires Majority Stake in Superfeet
June 16, 2021
Seattle-based private equity firm Westward Partners has acquired a majority ownership stake in Superfeet Worldwide, the Pacific Northwest–based maker of performance and orthotic insoles. The transaction transitions Superfeet from a 100% employee-owned ESOP structure to PE ownership to support accelerated growth, expanded distribution channels, and product portfolio development.
- Buyers
- Westward Partners
- Targets
- Superfeet Worldwide (Superfeet)
- Sellers
- Superfeet Employee Stock Ownership Program (ESOP) / employee-owners
- Industry
- Consumer Products
- Location
- Washington, United States
- Transaction Type
- Buyout
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