3G Capital Acquired Skechers in 2025.
Skechers, the popular footwear brand, was bought by private equity firm 3G Capital, transitioning it from a public to a private company.

Deal Announcement

Skechers announced the acquisition on May 5, 2025, with 3G Capital agreeing to purchase all outstanding shares at $63 each—a 30% premium over the prior market price.

This valued the deal at approximately $9.42 billion , marking it as the footwear industry's largest buyout to date.

CEO Robert Greenberg praised the move, noting 3G's track record with global consumer brands would fuel Skechers' growth.

Timeline Highlights

  • May 2025 : Deal announced; Skechers stock surged over 24%.
  • September 11, 2025 : Acquisition completed; shares stopped trading on NYSE.
  • Post-Deal : Greenberg remains CEO, with the company now privately held.

Why Skechers?

Skechers had become a coveted target due to its consistent market share gains and global presence with over 5,300 stores.

3G Capital, known for stakes in Burger King and Tim Hortons, focuses on owner- operator strategies for long-term consumer brand success.

The shift to private ownership allows flexibility amid challenges like tariffs and trade issues.

Current Ownership Status

As of early 2026, 3G Capital fully owns Skechers , with no public shares remaining.

The Greenberg family retains leadership influence, building on their founding legacy.

This "next chapter" positions Skechers for innovation without public market pressures.

TL;DR : 3G Capital bought Skechers for $9.4B in 2025, taking it private—deal closed September 2025.

Information gathered from public forums or data available on the internet and portrayed here.