Huron Recaps Sock and Accessory Brands Global

Huron Capital Partners announced Wednesday that is has recapitalized Sock and Accessory Brands Global LLC. The Mocksville, N.C.-based company is a designer and marketer of “fashion casual” and athletic socks. Terms were not released.

PRESS RELEASE
Huron is pleased to announce the recapitalization of Sock and Accessory Brands Global, LLC (“SABG”) in partnership with existing management. Based in Mocksville, NC, SABG is a designer and marketer of fashion casual and athletic socks, sold principally through specialty footwear retailers, sporting goods stores, department stores, discount retailers, and mass retailers.

This was Huron’s 11th transaction in 2011 – quite a feat!

About Huron Capital Partners LLC
Huron Capital is one of the leading operationally-focused private equity firms investing in lower middle-market companies. The firm typically invests up to $70 million to sponsor buyouts, growth initiatives, corporate spin-offs, and recapitalizations of niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron seeks opportunities where it can help companies reach their full potential by combining its operational approach, capital, and transaction experience with proven operating executives who have the vision, experience, and commitment to grow their businesses.

Founded in 1999, Huron has acquired or invested in 56 companies with aggregate revenues in excess of $1 billion. Investments have been made in the USA and Canada in a variety of areas, including print solutions & document management, education, healthcare products & services, specialty chemicals, specialty packaging, consumer products & apparel, home decor, passenger transportation services, building products, office furniture components, and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. The firm has consistently generated top-quartile returns for its limited partners.