Blue Point-backed platform adds trusted equine grooming brand

Blue Point Capital Partners (“Blue Point”) and its portfolio company Weaver Brands (“Weaver”) are pleased to announce the acquisition of Shapley Ltd. (“Shapley’s” or “the Company”), a manufacturer of premium equine grooming products. This investment marks Weaver’s third add-on acquisition since partnering with Blue Point.

Founded in 1938 and under current ownership since 1991, Fort Myers, Fla.-based Shapley’s specializes in producing high-quality shampoos, conditioners, hair polish and other equine cosmetic grooming products that support skin and coat health sold through distributors and dealers.

“Shapley’s portfolio of products, including its flagship Original MTG and MTG Plus brands, are highly trusted and have a strong reputation for quality. The Company has established longstanding customer relationships in North America and internationally, and is the ideal partner for us as we expand our offerings in equine grooming products,” said Mike Davenport, CEO of Weaver Brands. “Working together strengthens our position and allows us to better serve equestrian enthusiasts in both the English and Western disciplines with a broader assortment of products.”

Shapley’s products are designed to meet the diverse needs of professional groomers, competitive riders and horse owners. The Company serves a client base of around 1,200 customers globally, focusing on solutions that support coat health, show-ring excellence and everyday equine care.

“Weaver is a leading supplier of equine products with whom we’ve admired for many years, so this is a great strategic partnership with a common vision to serve the specialized needs of horse owners and riders worldwide,” said Cindy S. Carfore, Owner of Shapley’s. “Weaver is the perfect fit for our business to preserve the legacy of quality and reliability that has defined Shapley’s for decades while helping us continue serving the needs of this community.”

"Shapley's is a highly complementary addition to the Weaver platform," said Lance Curtis, Vice President of Blue Point. "Its strong brand, established customer relationships and leading product portfolio expand Weaver's capabilities within equine care and support Weaver’s long-term growth strategy."

“We’re excited to welcome Shapley’s to Weaver, as we continue to expand into new categories both organically and through acquisition,” said Charley Geiger, Partner of Blue Point. “This acquisition builds on Weaver’s leadership across key end markets and broadens its portfolio of trusted brands.”

Weaver Brands is actively seeking partnerships with complementary companies. Business owners interested in learning more should contact Blue Point Managing Director, Business Development, Megan Kneipp Ludwick.

About Shapley’s
For nearly 90 years, generations of horsemen around the world have trusted Shapley’s superior equine grooming products for the care and wellbeing of their horses. Shapley’s offers an extensive line of products, including Original M-T-G ^®, its flagship product. Known for its commitment to quality and innovation, Shapley's serves customers across the equine industry with a portfolio of trusted grooming, health and care solutions. Shapley's is also a woman-owned company headquartered in Florida, with all manufacturing and bottling conducted in the United States. Learn more at www.shapleys.com.

About Weaver Brands
Weaver Brands is a leading manufacturer and distributor of branded and private-label products serving the equine, pet, leathercraft, arborist, livestock and construction markets. Its portfolio includes leather, nylon/synthetic, hardware and other specialty products and accessories. Known for its superior quality, expert craftsmanship and broad product offering, Weaver has built a strong reputation as a trusted industry leader. The Company’s domestic manufacturing and distribution capabilities, combined with deep global supplier partnerships, enable best-in-class service, rapid fulfillment and reliable product availability. Learn more www.weaverbrands.com.

About Blue Point Capital Partners
Blue Point Capital Partners is a private equity firm managing over $1.8 billion in committed capital, focused on investing in and accelerating the growth of lower middle-market businesses. With a nationwide presence and global perspective, Blue Point combines local access with world-class resources to forge strong partnerships with entrepreneurs and advisors across regions. For more than 25 years, Blue Point has partnered with businesses to help them scale through tailored value-creation strategies. Blue Point’s portfolio is powered by an integrated team and specialized capabilities in global supply chain, data & digital, human capital, finance & accounting and M&A execution. Backed by deep industry expertise and an extensive operating network, Blue Point builds stronger, more competitive businesses alongside entrepreneurs and management teams. Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue.

Note: Certain statements about Blue Point Capital Partners made by portfolio company executives herein are intended to illustrate Blue Point Capital Partners’ business relationship with such persons, including with respect to Blue Point Capital Partners’ facilities as a business partner, rather than Blue Point Capital Partners’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Blue Point Capital Partners-sponsored vehicles.

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“Shapley’s portfolio of products, including its flagship Original MTG and MTG Plus brands, are highly trusted and have a strong reputation for quality," said Mike Davenport, CEO of Weaver Brands.