Kudos to client and innovative climbing gear developer and manufacturer Evolv on its acquisition by private equity firm Bruckmann, Rosser, Sherill, and Co. Evolv, which boasts acclaimed rock climber Chris Sharma as its product developer, is known for its core performance climbing shoes, and also also crafts high-friction rubber for outsoles under the Trax USA label. Evolv’s award-winning Cruzer shoe blends casual style with a performance sole.

The transaction was shepherded by Jason Femrite. Learn more in this Outside magazine article.