Intrepid Advises Leading Provider of Safety Products, SureWerx, on its acquisitions of MEGAComfort International Inc. and Footwear Specialties International

Intrepid Investment Bankers (Intrepid), a leading middle-market investment bank, announced today that it acted as the buy-side advisor to SureWerx, a portfolio company of The Riverside Company, on its acquisitions of MEGAComfort International Inc. (“MEGAComfort”) and Footwear Specialties International (“FSI”). Founded in 1957, with headquarters in Elgin, Illinois and Vancouver, B.C., SureWerx is a leading supplier of innovative safety products. Based in Ontario, Canada, MEGAComfort is a leading provider of ergonomic, anti-fatigue insoles and orthotics designed to increase employee health and safety across a diverse set of industries. Headquartered in Portland, Oregon, FSI is a leading designer and provider of innovative safety footwear used in a wide range of industries, including warehousing, manufacturing and other industrial environments.

surewerx FSIsurewerx Mega Comfort 2

“The additions of MEGAComfort and FSI to the ever-growing portfolio of SureWerx brands strengthen our position in the safety industry and accelerate our growth across key markets,” said Chris Baby, CEO of SureWerx. “We are thrilled to have identified these targets and advised the Riverside and SureWerx teams on completing such highly complementary additions to their platform. These acquisitions further solidify SureWerx’s position as a leading global supplier of safety products across multiple product lines,” said Jeremiah Mann, Managing Director at Intrepid. “MEGAComfort and FSI bring SureWerx several prominent brands in the technical safety footwear products category, further entrenching the company as the leader in the space,” said Joseph Husband, Director of Business Development – Buy-side Advisory at Intrepid.

The Riverside Company is a global investment firm focused on being one of the leading private capital options through private equity, flexible capital, and private credit. Since its founding in 1988, Riverside has completed over 800 investments.

About Intrepid’s Buy-Side Advisory Group

Intrepid’s Buy-Side Advisory Group specializes in working across a wide variety of industries with private equity groups, private equity-backed portfolio companies, or large corporate acquirers to execute their acquisition strategies. Our team combines the expertise of buy-side search specialists, Intrepid’s dedicated industry coverage groups, and the relentless execution and quality of a premier investment bank. We have access to relationships and resources worldwide through our industry coverage groups, partnership with MUFG Union Bank, and involvement in Oaklins, a global middle-market investment consortium.