For 3G Capital, which has made more than $20 billion on Burger King, Trump’s tariffs presented a rare opportunity to spear a big fish at a discount price.

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday.

Skechers is being acquired for over $9 billion by the investment firm 3G Capital, resulting in the company becoming a private entity.