CCMP Capital Advisors, LLC completed the acquisition of a controlling interest in Shoes For Crews, a leader in slip-resistant footwear. The Smith family, founders of the company, rolled over a portion of their equity as part of the transaction.
Founded in 1984, Shoes For Crews has a unique rubber compound to produce slip-resistant footwear, significantly reducing slip-and-fall accidents. The company claims to be the industry leader and now supplies slip-resistant footwear to 92 of the top 100 largest restaurant chains in the U.S.