Argand Partners has acquired Capezio, a historic dancewear brand, aiming to foster growth and innovation while honoring its legacy.

Target Information

Argand Partners, LP, a New York-based middle-market private equity firm, has announced the acquisition of Ballet Makers Inc., commonly known as Capezio. Established in 1887, Capezio is a renowned global brand within the dancewear industry, specializing in the design and manufacturing of premium footwear, apparel, and accessories tailored for dancers and athletes of all ages. The company is headquartered in Totowa, New Jersey, and has remained under the ownership of the Terlizzi and Giacoio families for nearly 140 years. Under Argand's stewardship, key family members, including the CEO, will continue to hold investments alongside Argand, ensuring a blend of traditional values with a fresh approach to growth.

Capezio has cultivated a strong brand heritage, demonstrating a keen understanding of dance market trends and maintaining a loyal customer base across North America, and expanding its presence in Europe, Australia, Brazil, and Asia. The company is celebrated for its commitment to authenticity, quality, superior craftsmanship, and classic design in its offerings.

Industry Overview

The global dancewear industry has seen robust growth driven by increasing participation in dance as both an art form and a competitive sport. In the United States, the rise of dance studios and organizations promoting d