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.

Targets
Superfeet Worldwide (Superfeet)
Sellers
Superfeet Employee Stock Ownership Program (ESOP) / employee-owners
Location
Washington, United States
Transaction Type
Buyout

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