Honigman Reps Huron On $40M Sock Co. Recapitalization

Law360, New York (December 19, 2011, 6:39 PM EST) -- Michigan middle market private equity firm Huron Capital Partners LLC has completed a $40 million recapitalization of footware maker Sock & Accessory Brands Global LLC, Huron announced Monday.

A Huron spokesman said the deal closed Nov. 30. The recapitalization will create a new apparel accessories platform at Mocksville, N.C.-based SABG, the firm said. The investment was made through Huron's most recent PE fund, The Huron Fund III LP.

SABG designs and markets casual and athletic socks that are sold primarily through specialty footware retailers and sporting...
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