Solace Capital Partners Acquires Sun Mountain Sports
March 7, 2022
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.
- Buyers
- Solace Capital Partners
- Targets
- Sun Mountain Sports, Inc.
- Sellers
- Rick Reimers
- Industry
- Consumer Products
- Location
- Montana, United States
- Transaction Type
- Buyout
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