TSI US Holdings Acquires 88% Stake in Tactics
April 1, 2020
TSI US Holdings Co., Ltd., the U.S. subsidiary of Japan-based TSI Holdings Co., Ltd. (TYO: 3608), acquired an 88% majority stake in action-sports retailer Tactics. Co-founders Bob Chandler, Matt Patton, and Shawn Gilliam retain minority ownership and will continue as senior executives (Chandler named CEO); the deal gives TSI greater penetration into the action sports/streetwear market across e-commerce and retail channels.
- Buyers
- TSI US Holdings Co., Ltd., TSI Holdings Co., Ltd.
- Targets
- Tactics
- Sellers
- Bob Chandler, Matt Patton, Shawn Gilliam
- Industry
- Retail
- Location
- Oregon, United States
- Transaction Type
- Buyout
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