For Immediate Release!

June 1st 2026 – Birmingham Michigan – We have some exciting news that requires your attention and. We were very pleased to announce one of our portfolio of companie VKTRY Gear Was Acquired!
Dr. Scholl’s, which is part of the Yellow Wood Partners portfolio, has acquired VKTRY Gear in a transaction valued $92.5M.
This move comes as Yellow Wood identified VKTRY as a frontrunner in performance footwear, thanks to its pioneering line of carbon fiber technology products. The merger of VKTRY and Dr. Scholl’s is expected to create significant synergy, allowing both brands to further expand their market presence.
“After only 42 months, our investors achieved a 6.84X return, reflecting a 59.2% annual rate of return. This acquisition represents a significant milestone for our firm. We commend CEO Steven Wasik and his dedicated management team for their exceptional leadership in securing this profitable exit, and we look forward to seeing similar successes across our portfolio. – Doron York / CEO CitySide Ventures.
CitySide Ventures is a premier Investment group committed to taking Michigan Angel investing to a new level by building a network of active, progressive, and innovative investors committed to turning Michigan into a powerhouse startup ecosystem.
For more information about Birmingham Angels please visit us at
Online at www.birminghamangels.com
If you are an accredited investor and would like to schedule a private meeting,
Please contact us: dyork@citysideventures.com or 248. 981.6688
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