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Berkshire Partners Acquires Majority Stake in Implus

Practices: Private Equity, Finance, Tax, Executive Compensation & Employee Benefits

Ropes & Gray represented Berkshire Partners LLC in its definitive agreement to acquire a majority position in Implus Corporation, alongside management, from Trilantic North America. Durham, N.C.-based Implus is a provider of various brands of footwear, fitness and recreational accessories. The deal closed and was announced on April 30. Terms of the transaction were not disclosed.

The Ropes & Gray team included private equity partner Taylor Hart (Boston); tax partner Leo Arnaboldi (New York); benefits partner Renata Ferrari (Boston); private equity associate Christian Westra (Boston); finance associate Lindita Bresa (New York); and benefits associate Adam Stella (New York).

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