IPATH FOOTWEAR

IPath was acquired by Madison Parker Capital. Madison Parker Capital acquired IPath from The Timberland Company. IPath will become a wholly owned subsidiary of Madison Parker's current portfolio company, Klone Lab. IPATH, based in Torrance, CA, was founded in 1998 by professional skaters in Northern California. IPATH was conceived as a way to break away from the conventions and establish a revolution of skate style designed and tested by skaters. While IPATH shoes are primarily skateboarding specific, they also feature “chill” models designed more for style over skate functionality. A distinctive characteristic of IPATH shoes is the “greener” based product accomplished by offering alternative materials such as organic cotton in their shoes and accessories.