American footwear maker Wolverine Worldwide, Inc., also known as Wolverine, is headquartered in Rockford, Michigan. Along with other brands like Hush Puppies and Merrell, the shoemaker is well-known for its own brand, Wolverine Boots & Shoes. Additionally, the business produces footwear under license for other businesses like Harley-Davidson and Caterpillar. After purchasing the Performance Lifestyle Group of Collective Brands for $1.23 billion in a deal that also saw the sale of Payless ShoeSource and Collective Licensing International to private equity firms Blum Capital Partners and Golden Gate Capital, Wolverine World Wide expanded its portfolio of brands in 2012 to include Saucony, Keds, Stride Rite, and Sperry Top-Sider.