Is New Balance owned by private equity?
No known PE ties family-owned
No. Owned by chairman Jim Davis and his family (an estimated 95%) since he bought the company in 1972.
Details
- Owner
- New Balance Athletics, Inc.
- Since
- 1972
- Website
- newbalance.com
- Confidence
- Medium
Sources
- “Jim Davis & family (Forbes profile)” forbes.com, 2026-09-15
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Checked 2026-11-04. A label describes who owns the brand, not the quality of its products. How we label · Report a correction
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