KV Capital Acquires Mountain Sports Distribution

KV Capital / Mountain Sports Distribution Acquire UTV Canada

January 23, 2024

Retail

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.

Solace Capital Partners Acquires Sun Mountain Sports

March 7, 2022

Consumer Products

Los Angeles-based private equity firm Solace Capital Partners has acquired Sun Mountain Sports, a Missoula, Montana-based maker of golf bags, push carts and performance outerwear, from founder Rick Reimers. White Oak provided $40 million in term loan financing and a $10 million ABL revolver to support the transaction; Sun Mountain will remain headquartered in Missoula and be led by existing management with Ed Kowachek named CEO.

Kingswood Capital Management Acquires MEC

October 30, 2020

Retail

Kingswood Capital Management, LP completed the acquisition of substantially all assets of MEC (Mountain Equipment Co-op) through Canada’s Companies' Creditors Arrangement Act. Kingswood said it will preserve most stores and staff, invest in MEC's retail and online experiences, and lead the business from a Vancouver headquarters under CEO Eric Claus.

KV Capital Invests in Benson Cabinetry & Millwork

April 22, 2025

Building Products

KV Capital’s private equity team (via KV Private Equity Fund III) has formed a partnership with Benson Cabinetry & Millwork Ltd., a family-run custom cabinetry and millwork manufacturer based in Saanichton, British Columbia. The investment will deepen Benson’s capital base and management capabilities while Benson’s founders, Tim and Natalie Benson, remain in place as the company pursues expanded supply to multi-residential homebuilders across Vancouver Island and Canada.

Mountaingate Capital Makes Strategic Growth Investment in Bond Brand Loyalty

May 9, 2023

Marketing & Advertising

Colorado-based private equity firm Mountaingate Capital has made a strategic growth investment in Bond Brand Loyalty, a Toronto-headquartered customer experience, loyalty, and marketing services firm. The minority investment will support Bond’s accelerated growth, platform development (Synapze XI), and a buy-and-build strategy to expand capabilities and pursue acquisitions of like-minded businesses.

CSC Generation Enterprise Acquires Backcountry

September 9, 2024

Retail

CSC Generation Enterprise acquired Backcountry and its family of brands (MotoSport, Competitive Cyclist, Steep & Cheap), adding the specialty outdoor retailer to CSC’s multi-brand, digital-first platform. The deal is supported by a $112.0 million senior secured credit facility provided by Second Avenue Capital Partners, SB360 Capital Partners, and Ares Commercial Finance to refinance prior debt and support the acquisition.