KV Capital / Mountain Sports Distribution Acquire UTV Canada
January 23, 2024
KV Capital’s private equity team has acquired UTV Canada Inc. and merged it with Mountain Sports Distribution (MSD), the KV-backed powersports platform company. UTV Canada’s CEO Stacy Nehring retains equity and will join MSD as the combined business aims to expand product access, dealer reach and operational efficiencies across the Canadian powersports market; financial terms were not disclosed.
- Buyers
- KV Capital, Mountain Sports Distribution (MSD, Inc.)
- Targets
- UTV Canada
- Sellers
- UTV Canada owners / management (Stacy Nehring)
- Platforms
- Mountain Sports Distribution
- Industry
- Retail
- Location
- Alberta, Canada
- Transaction Type
- Addon
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