Dr. Comfort, LLC (“Dr. Comfort”) provides therapeutic shoes and custom inserts primarily to the niche diabetic footwear segment. Headquartered in Mequon, Wisconsin, the Company serves the 21 million diabetics in the United States, of which roughly 25% will develop diabetes related foot problems, through a nationwide network of podiatrists and drugstores.
Merit provided subordinated debt and equity in support of the recapitalization.