United Sports Brands Acquires Glukos Energy

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.

North Course Brands Acquires RxSugar Brand from Nutrishus Brands

October 29, 2024

Food & Beverage

North Course Brands, a Tustin, California-based consumer packaged goods company, acquired the RxSugar brand and related intellectual property from Nutrishus Brands Inc.; the deal closed on October 29, 2024. The acquisition brings the allulose-based RxSugar product portfolio into North Course’s health-focused brand portfolio to expand its omnichannel presence in the better-for-you sweetener and functional food market; financial terms were not disclosed.

Limitless Venture Group Acquires Majority Stake in KetoSports, Inc.

January 14, 2020

Consumer Products

Limitless Venture Group, Inc. (LVGI) has executed a term sheet to acquire a majority ownership stake in KetoSports, Inc., a pioneer in exogenous ketone supplements. The deal is intended to give LVGI immediate revenue and expand its presence in the ketogenic/sports-nutrition market; closing is subject to LVGI raising required capital under its ongoing Reg A offering.

United Sports Brands Acquires PEARL iZUMi from Shimano

May 5, 2022

Consumer Products

United Sports Brands (USB), backed by Bregal Partners, acquired cycling apparel and accessories brand PEARL iZUMi from Shimano. The deal adds PEARL iZUMi to USB’s portfolio of sports performance brands to expand its presence in cycling apparel and footwear while USB will manage a transition with Shimano to support retailers.

Electronic Arts Acquires Glu Mobile

February 8, 2021

Software

Electronic Arts Inc. agreed to acquire Glu Mobile Inc. in a cash transaction valuing Glu at $2.1 billion enterprise value (approximately $12.50 per share, $2.4 billion equity value). The acquisition is intended to accelerate EA's mobile business by adding Glu's portfolio of live-service mobile games, talent and recurring-revenue franchises and is expected to be immediately accretive to EA's net bookings.

Electrolux Professional Acquires Unified Brands

October 12, 2021

Food & Beverage

Electrolux Professional AB (publ) has agreed to acquire Unified Brands Inc. and related assets from Dover Corporation for approximately SEK 2,140m (about USD 244m) on a cash- and debt-free basis. The deal — expected to close in Q4 2021 subject to regulatory approvals — strengthens Electrolux Professional's presence in the United States and expands its foodservice equipment portfolio while Unified Brands' management will remain in place.