Strait Lane Capital Partners Acquires TTI Sports International

July 7, 2021

Strait Lane Capital Partners, a Dallas-based family-owned private investment firm, has acquired TTI Sports International, Ltd., a Portland, Maine-headquartered manufacturer of premium felt for the global tennis-ball market. The deal was financed with equity from Strait Lane families and investors and senior debt from East West Bank; Strait Lane plans to support a >30% expansion of TTI's manufacturing capacity to meet growing demand in tennis and emerging sports like padel.

Buyers
Strait Lane Capital Partners, LLC
Targets
TTI Sports International, Ltd.
Industry
Manufacturing
Location
Maine, United States
Transaction Type
Buyout

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