Norwest Equity Partners Acquires United Sports Brands
November 27, 2023
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.
- Buyers
- Norwest Equity Partners
- Targets
- United Sports Brands
- Sellers
- Bregal Partners
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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