Inc. and Aris Isotoner. In 2001, Bain Capital sold Totes Isotoner to private equity fund Swander Pace Capital, which resold it in 2007 to MidOcean Partners. In 2014, Totes Isotoner was acquired by Investcorp and Freeman Spogli & Co. Thus far in the new millennium, Totes Isotoner has increased its product range, overseas presence and monetary value. 1920s 9 April 1924 sees the incorporation of Roll-O-Radio Co. as a new business in Cincinnati, Ohio, with premises on Pearl and Race Streets in 1925 and on Third and Sycamore Streets from 1926 to 1930. As its name suggests, the company specializes in selling radio kits, including crystal sets and power supplies. 1930s On 1 June 1931, Roll-O-Radio Co. changes its name by charter amendment to "Perfect Manufacturing Company (Inc.)". After their Marx-Flarsheim advertising agency merges with the Archer Company in Cincinnati, president Joe J. Marx and treasurer Henry B. Flarsheim enter the manufacturing business with Roland R. Bollman of the Perfect Manufacturing Company in Cincinnati. Both Flarsheim and Bollman retire in 1935, when Marx, president, purchases the entire stock of the Perfect Manufacturing Company, now based in Oakley, Ohio. The firm’s So-Lo Works division makes a rubber salve for resoling worn-out shoes during the Great Depression. The advertising slogan "Millions now use SO-LO to fix shoes for as low as 1¢ a repair" hints at the name’s possible origin. 1940s In 1941, the So-Lo Works division acquires a one-story factory building at Twightwee near the Little Miami River in Loveland, Ohio, from the former occupant, the George E. Smith Company, candy manufacturer. 1 June 1943 sees a change of name by charter amendment to "So-Lo Works, Incorporated". During the Second World War, the US Government contracts So-Lo Works to manufacture military supplies including shoe dubbing and canned food in the new premises. The firm continues to serve the country’s civilian population through output of “make-do and mend” household repair products. So-Lo Works boosts morale and productivity by engaging all workers in management decision-making and by developing welfare and recreational facilities. After the Allied victory in 1945, So-Lo Works quickly reconverts to civilian production with a reduced workforce. By a change in patterns, rubber protectors for anti-aircraft gun handles convert to women’s slip-on overshoes. In 1949, this very line leads to the development of tough, lightweight, foldable, stretchy latex-rubber overshoes called “totes” (slogan: “tote ‘em in your pocket”). So-Lo “totes” soon lead