E-commerce Business SocksRock.com Sold to Strategic Buyer
San Francisco, CA – Exit Strategies is pleased to report the sale of E-commerce company SocksRock LLC to a strategic buyer.
SocksRock, LLC established in 2008, is an e-commerce business selling customized athletic gear to sports teams and to corporations for identity programs. It has a track record of revenue growth, a website with intuitive product configuration and dynamic imaging capability, and superb customer satisfaction. SZ Ventures is a Texas-based aggregator and operator of e-commerce businesses. Its acquisition of SocksRock added to their athletic merchandise offering and complemented the seasonality of their other business units.
Exit Strategies (ESGI) represented the seller on an exclusive basis. We prepared the offering memorandum, marketed the company confidentially, introduced the parties, negotiated the deal, and advised the seller throughout the transaction.
Exit Strategies provides merger and acquisition brokerage and business valuation services to entrepreneurs and corporate owners across a broad range of industries. With four California offices and ten experienced M&A advisors, we work with companies with revenues in the $1-50 million revenue range. ESGI’s Internet Market Leader specializes in representing providers of Internet services, SaaS software, mobile apps, ecommerce sites and related solutions. for further information contact Al Statz 707-781-8580.