Norwest Equity Partners Acquires United Sports Brands

United Sports Brands Acquires PEARL iZUMi from Shimano

May 5, 2022

Consumer Products

United Sports Brands (USB), backed by Bregal Partners, acquired cycling apparel and accessories brand PEARL iZUMi from Shimano. The deal adds PEARL iZUMi to USB’s portfolio of sports performance brands to expand its presence in cycling apparel and footwear while USB will manage a transition with Shimano to support retailers.

United Sports Brands Acquires Glukos Energy

August 21, 2020

Food & Beverage

United Sports Brands (USB) has acquired Glukos Energy, a sports energy supplement brand, adding it as the fifth brand in USB’s portfolio. USB said it will leverage its resources, partnerships and distribution to expand Glukos’s product lines and market presence while continuing the brand’s focus on clean, fast-acting glucose-based performance products.

United States Beverage Forms Joint Venture to Acquire Uinta Brewing

January 10, 2022

Food & Beverage

United States Beverage (USB) has formed a joint venture to acquire Uinta Brewing, Utah’s largest independent craft brewer, while retaining Uinta’s leadership, operations and staff. The deal is intended to expand USB’s craft beverage portfolio and create distribution and operational synergies for Uinta’s national growth.

TZP Group Acquires Christy Sports from Norwest Equity Partners

December 2, 2019

Retail

TZP Group has acquired Christy Sports, a leading specialty snow-sports and outdoor retail and services operator, from Norwest Equity Partners. The transaction closed in late 2019 (announced Dec 2019); financial terms were not disclosed. Christy Sports operates more than 60 stores across the Western United States and offers retail, e-commerce and ski/snowboard rental and service capabilities.

Westward Partners Acquires Majority Stake in Superfeet

June 16, 2021

Consumer Products

Seattle-based private equity firm Westward Partners has acquired a majority ownership stake in Superfeet Worldwide, the Pacific Northwest–based maker of performance and orthotic insoles. The transaction transitions Superfeet from a 100% employee-owned ESOP structure to PE ownership to support accelerated growth, expanded distribution channels, and product portfolio development.

ASB Sports Acquires Universal Athletic Team Business

March 2, 2020

Retail

ASB Sports, an affiliate of Trivest Partners, acquired the team sports division of Universal Athletic, headquartered in Bozeman, Montana. The deal expands ASB's nationwide sales coverage, brings management talent into the combined business (with Universal executives joining and investing), and leaves Universal Athletic's retail stores as a separately operated business.