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New Deal


Announced

Completed

The Riverside Company-backed SureWerx completed the acquisition of Footwear Specialties International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

footwear

United States

Footwear

Private Equity

Single Bidder

Acquisition

Completed

work boots

Cross Border

Private

Friendly

Synopsis

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The Riverside Company-backed SureWerx, a manufacturer of safety, tool & equipment products, completed the acquisition of Footwear Specialties International, a manufacturer of work boots. Financial terms were not disclosed. “Adding Avenger Work Boots and Nautilus Safety Footwear to our growing, world-class portfolio of SureWerx brands moves us further toward our goal of becoming the global leader in Safety & Productivity. FSI offers an ever-growing range of high-quality, innovative safety footwear for all professional applications. Whether you work in a warehouse, a manufacturing plant, on a construction site, or in the service and utilities sectors, FSI has a proven, solution-based product that not only protects you from injury but also improves your quality of life," Chris Baby, SureWerx CEO.

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