Middle-market private equity firm CCMP Capital Advisors LLC is acquiring footwear company Shoes For Crews from AEA Investors. Financial details were not disclosed. CCMP usually makes investments that are between $100 million and $500 million.
Shoes For Crews, founded in 1984, makes slip-resistant shoes for some of the largest restaurant chains including McDonald’s Corp. (NYSE: MCD), Burger King and Taco Bell. AEA bought the target in 2010 from Advent International.