Implus Footcare

In January 2001, FdG Associates Associates led the recapitalization of Implus Footcare to provide a group of longtime, passive shareholders the opportunity to receive full liquidity for their stakes in the Company while allowing the management shareholders to retain a significant interest in the Company on a tax-deferred basis. The transaction also was structured to facilitate a partial transfer of the Company’s ownership to second-generation management.

Headquartered in Raleigh, North Carolina, Implus designed, marketed and distributed insoles, foot care devices, shoe care products and shoe laces under three different brand names (Sof Sole, AirPlus and Sof Comfort) and several private-label brands.