Payless Shoesource

Topeka, United States Founded: 1956 • Age: 70 yrs Acquired By Golden Gate Capital
Provider of affordable, stylish footwear and accessories

About Payless Shoesource

Payless Shoesource is a company based in Topeka (United States) founded in 1956 was acquired by Golden Gate Capital in October 2012.. Payless Shoesource has completed 1 acquisition, including Stride Rite. Payless Shoesource offers products and services including Footwear and Online Shopping Services.

  • Headquarter Topeka, United States
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Payless Shoesource, Inc
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Wells Fargo

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Golden Gate Capital

    (Oct 09, 2012)

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Products & Services of Payless Shoesource

Payless Shoesource offers a comprehensive portfolio of products and services, including Footwear and Online Shopping Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Footwear products are offered for women, girls, boys, and men through various channels.

Online shopping services are provided via platforms like Amazon for the distribution of footwear items.

Funding Insights of Payless Shoesource

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (22 Feb 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Debt – Conventional - Payless Shoesource Valuation

investors

Feb, 2019 Amount Debt – Conventional - Payless Shoesource Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Payless Shoesource

Payless Shoesource has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Wells Fargo, Blum Capital and Golden Gate Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed across multiple sectors.
Founded Year Domain Location
Private equity investments, business building, and long-term partnerships in finance and investment sectors.
Founded Year Domain Location
Diverse financial services and online banking are provided to clients.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Payless Shoesource

Payless Shoesource has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stride Rite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Children's footwear is designed and retailed by Stride Rite.
1919
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Payless Shoesource

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Payless Shoesource Comparisons

Employees
+
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Competitors of Payless Shoesource

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Payless Shoesource

Frequently Asked Questions about Payless Shoesource

When was Payless Shoesource founded?

Payless Shoesource was founded in 1956 and raised its 1st funding round 63 years after it was founded.

Where is Payless Shoesource located?

Payless Shoesource is headquartered in Topeka, United States. It is registered at Topeka, Kansas, United States.

What does Payless Shoesource do?

Payless Shoesource was founded in 1956 in Topeka, United States, and operates in the footwear retail sector. A range of shoes and accessories is offered for men, women, and children through physical stores and an online platform. High-quality materials are sourced to ensure product durability, while collaborations with various brands expand the selection of available styles. Customer value is prioritized in operations across the United States.

What products or services does Payless Shoesource offer?

Payless Shoesource offers Footwear and Online Shopping Services.

How many acquisitions has Payless Shoesource made?

Payless Shoesource has made 1 acquisition, including Stride Rite.

Who are Payless Shoesource's investors?

Payless Shoesource has 3 investors. Key investors include Wells Fargo, Blum Capital, and Golden Gate Capital.

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