Propét Footwear, Inc.
Propét Footwear, Inc.
Fund: VII
Investment Date: October 2021
Headquarters: Auburn, WA
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Headquartered in Auburn, WA, Propét is a supplier of comfort footwear products across a broad range of sizes and widths. The Company specializes in designing, developing and selling footwear for hard-to-fit feet, along with footwear to alleviate discomfort and/or medical conditions. Propét’s core product categories include active, boots, wellness, casual, dress, and sandals. The Company services its customers through online (dropship and wholesale e-commerce), medical, catalog, and traditional brick and mortar channels.

Merit invested subordinated debt and equity, in partnership with both management and an independent sponsor, in support of the acquisition.

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