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
Location
Washington, United States
Transaction Type
Buyout

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