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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