Shapley’s Acquired by Weaver Brands, a Portfolio Company of Blue Point Capital Partners

We are pleased to announce the sale of Shapley's, an equine grooming products maker, to Weaver Brands, a family of equine and outdoor lifestyle brands and portfolio company of Blue Point Capital Partners. The acquisition closed August 21, 2026.

Headquartered in Fort Myers, Florida, Shapley’s is a manufacturer of equine grooming products trusted by horsemen worldwide for more than 88 years. The company’s product line began with its Original M-TG formula, developed to address bacterial and fungal skin conditions in horses, and has since grown into a full range of grooming solutions designed to keep horses healthy, clean, and show-ready. Its offerings include:

• Shampoos and conditioners
• Grooming oils
• Sprays
• Deodorizing cleansers

Shapley’s products are sold internationally, with all manufacturing and bottling done in the United States, and the company continues to build on its reputation among riders, trainers, and horse owners for gentle, effective care.

Based in Mount Hope, Ohio, Weaver Brands, formerly known as Weaver Leather, is a portfolio of trusted brands serving the equine, livestock, pet, leathercraft, and outdoor communities. Built on a foundation dating back to 1973, the company’s portfolio spans several well-known names, including:

• Weaver Equine, offering leather tack and equine gear
• Weaver Livestock, providing show supplies and daily care products
• Troxel Helmets, offering equestrian safety helmets
• Terrain D.O.G. and Rex Specs, serving the pet and outdoor gear markets
• Weaver Leather Supply, supporting leathercraft makers with tools and materials
• Weaver Arborist and Weaver Tool Gear, serving climbing and construction trades

Located in Cleveland, Ohio, Blue Point Capital Partners is a private equity firm that partners with entrepreneurs and management teams to help lower middle market companies grow. With a nationwide presence and global perspective, the firm brings strategic guidance and a hands-on approach, including:

• Operational support to help management teams build the processes and capabilities needed to scale
• Data and digital resources to strengthen pricing strategy and e-commerce capabilities
• Global supply chain expertise built over nearly two decades
• A regional presence that keeps much of its portfolio within driving distance of a Blue Point office

Generational Group Executive Managing Director, M&A, Eastern Region – David Fergusson, and his team led by Managing Director, M&A, Chad Comroe, with the support of Vice President, M&A, Drew Thompson successfully closed the deal. Senior Managing Director, Thomas Hamm and Senior M&A Advisor, Rick Nichols established the initial relationship with Shapley’s.

Ryan Binkley, CEO of Generational Group, stated, “Shapley’s has earned the trust of horse owners for generations through consistent quality and care. Joining Weaver Brands gives the company a partner that understands its market deeply, and we look forward to seeing what this next chapter brings.”