Skechers Completes Deal to Become Private Company
September 13, 2025
Skechers announced on Friday the completion of its $9 billion go-private acquisition by 3G Capital, the biggest shoe buyout in history.
The deal, announced in May, is valued at $9.4 billion.
As a result of the completion of the transaction, Skechers’ shares will no longer trade on the NYSE at NYSE:SKX as of September 12.
Skechers will continue to be led by its father-son duo of CEO Robert Greenberg and president Michael Greenberg . The company will remain headquartered in its hometown of Manhattan Beach, CA, where it was founded some 30 years ago. SGB
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