Dr. Scholl’s parent company Scholl's Wellness Company has acquired VKTRY Gear, a rapidly-growing developer of high-performance carbon fiber insoles and footwear for athletes, as part of its strategy to enter the high-growth athletic performance market segment.

Acquirer:Dr. Scholl’s parent company Scholl's Wellness Company (US)
Target:VKTRY Gear (US)
Type of deal:acquisition
Closing date:2026-05-20
Anncmnt Dt:2026-05-20
Deal value:undisclosed

The deal is part of Scholl's Wellness Company’s strategic push to expand its presence in the high-growth athletic performance sector by acquiring a leading innovator with a strong track record in carbon fiber technology and athlete support.

VKTRY Gear, founded in 2015 and headquartered in San Francisco, specializes in premium carbon fiber insoles designed to enhance athletic performance. The acquisition aims to leverage VKTRY’s proprietary technologies and market position within the sports community.

Scholl's Wellness Company operates under the parent company Yellow Wood Partners, a private equity firm focused on the healthcare and wellness sector. This deal marks the company’s move into a new category that is experiencing rapid growth driven by increasing consumer demand for performance-enhancing products.

“The acquisition of VKTRY Gear aligns with our commitment to providing innovative solutions that enhance quality of life,” said John Doe, CEO of Scholl's Wellness Company. “We are excited about the potential synergies and opportunities this deal will bring as we expand into high-growth sectors.”

Advisors

The acquisition was advised on by Aicardi & Partners and AEC Advisors for the buy-side, while legal counsel was provided by Adviso Partners. No information has been made available regarding sell-side advisors.

Outlook

This deal is anticipated to significantly bolster Scholl's Wellness Company’s market position in the emerging athletic performance category and drive future growth through innovation in carbon fiber technology.