Founded in 1887, Capezio is an iconic global brand in the dancewear sector. The Company designs and manufactures premium and highly technical footwear, apparel, and accessories that support dancers and athletes of all ages to practice, compete and perform. Headquartered in Totowa, NJ, the Company has been owned by the Terlizzi and Giacoio family for nearly 140 years. Alongside the new investors, a number of key family members, including the CEO, will remain investors. Capezio has built an incredible brand heritage, reflecting a unique understanding of dance market trends, and a true appreciation of its core customers. Capezio is regarded for authenticity, quality, superior craftsmanship, and classic design of its products. The Company has established itself as a top player across its key business segments and serves a loyal customer base in North America, with a growing presence in Europe, Australia, Brazil, and Asia.
Deutsch Capital and Argand Partners are excited to accelerate Capezio’s next phase of growth while honoring the Company’s brand heritage. The investors plan to build upon the Company’s existing success by, among other things, developing innovative product lines, establishing collaborations and licensing arrangements with strategic partners, and continuing to build deep, authentic engagement with the global dance community. We believe this strategy will not only maintain the long-standing family legacy and Company culture, but will also modernize the Company in order to achieve long-term growth.
Mark Deutsch, President of Deutsch Capital, said, “Having been in the private equity business for several decades, I can attest to how rare it is to be able to invest in a business that has succeeded for over 100 years, surviving two world wars, the Great Depression, and numerous financial and other calamities. I look forward to working closely with Argand Partners and the management team to help Capezio continue to thrive and grow.”
ABOUT CAPEZIO
Since 1887, Capezio has been the most recognized name in the dance world. Started by Salvatore Capezio at the age of 17, and now led by the fourth and fifth generation of the Capezio family, the Company serves customers throughout the world. With its headquarters in Totowa, New Jersey, Capezio has built a highly diversified and resilient business model across numerous product categories, demographics, geographies and distribution channels. To learn more, visit www.capezio.com.
ABOUT DEUTSCH CAPITAL
Based in White Plains, NY, Deutsch Capital is a private equity firm that invests in lower middle-market companies across a wide range of industries. Typical investments are in privately owned niche manufacturing, business services and building products companies with sales of $10 million to $100 million. Selectively, the firm also invests in early stage businesses. To learn more, visit www.DeutschCapital.com.
