United Sports Brands Acquires PEARL iZUMi from Shimano

Norwest Equity Partners Acquires United Sports Brands

November 27, 2023

Consumer Products

Norwest Equity Partners (NEP) has acquired United Sports Brands (USB), a portfolio of sporting goods and active lifestyle brands including Shock Doctor, McDavid, Cutters, Nathan, PEARL iZUMi, and Glukos. The transaction closed on November 20, 2023; financial terms were not disclosed. NEP said it will invest capital and resources to strengthen USB’s core business and expand its international presence; USB was previously owned by Bregal Partners.

Regent Acquires U.S. Assets of Accell North America (Diamondback, Redline, IZIP)

August 7, 2019

Consumer Products

Regent, a Beverly Hills-based private equity firm, acquired the U.S. assets of Accell North America — including the Diamondback, Redline and IZIP brands and the U.S. distribution business for Raleigh, Haibike and Ghost. The combined U.S. portfolio will be based in Kent, Washington and operate as Alta Cycling Group, giving Regent an established distribution and direct-to-consumer platform in the cycling sector.

Lolë Brands Acquires Louis Garneau Sports

September 15, 2024

Consumer Products

Montreal-based apparel company Lolë Brands has acquired Quebec-founded Louis Garneau Sports, the cycling and sports equipment company behind the Garneau, Sugoi and Sombrio brands. The deal, effective immediately, will broaden Lolë’s product offering in cycling and sports apparel as part of its global expansion; financial terms were not disclosed.

Implus Acquires Pro Performance Sports LLC (d/b/a SKLZ)

August 1, 2018

Consumer Products

Implus, the Durham-based athletic and outdoor accessories company (majority owned by Berkshire Partners), acquired substantially all assets of Pro Performance Sports LLC, which does business as SKLZ. The acquisition adds the SKLZ sporting-goods brand and product portfolio to Implus' fitness division and aims to expand Implus' presence and channels in the sporting goods category.

Daiwa PI Partners Acquires Y International from The Riverside Company

September 23, 2021

Retail

Daiwa PI Partners has acquired Y International, a leading high-end bicycle retail chain in Japan, from The Riverside Company. The deal — terms not disclosed — transfers ownership of the e-commerce and multi-store specialty bike retailer to the Japanese private equity buyer, which is expected to further invest in the company's retail footprint and digital capabilities.

Platinum Equity Acquires Augusta Sportswear Brands and Founder Sport Group

January 9, 2024

Consumer Products

Platinum Equity has acquired Augusta Sportswear Brands and Founder Sport Group, two U.S.-based suppliers of team uniforms, performance apparel and fanwear serving youth and recreational sports markets. The private transactions (terms undisclosed) will combine the complementary brand portfolios and capabilities to expand product offerings, improve supply-chain efficiency and accelerate customization technologies like sublimation printing.