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
Explore More
Related Acquisitions
-
New Mountain Capital Acquires Majority Stake in Salute Holdings
September 30, 2024
Infrastructure
New Mountain Capital has made a majority investment in Salute Holdings, a provider of integrated lifecycle services for data centers, with existing investor LLR Partners retaining a significant minority stake. The investment will support Salute’s growth trajectory, expansion of technology-enabled offerings, and continued focus on recruiting and training talent across its global footprint.
-
SportsMed Physical Therapy Acquires Mountainside Wellness
October 18, 2023
Healthcare Services
SportsMed Physical Therapy, a Hildred Capital-backed platform, acquired the two-clinic Mountainside Wellness practice in Mountainside and Colonia, New Jersey. The acquisition adds two locations to SportsMed’s existing footprint and furthers the company's strategy of regional expansion via add-on M&A.
-
KV Capital Acquires Mountain Sports Distribution
March 28, 2023
Consumer Products
KV Capital (through KV Private Equity Fund II) has completed its first Fund II acquisition, acquiring Mountain Sports Distribution Inc., a Golden, British Columbia-based full-service powersports distributor. KV Capital will support MSD's growth by expanding its brand roster and dealer network across Canada and beyond; financial terms were not disclosed.
-
M Mountain Capital Invests in On Deck Sports (Promounds, Inc.)
January 12, 2023
Manufacturing
M Mountain Capital LLC, with a significant equity co-investment and debt from Siguler Guff & Company, completed an investment in Promounds, Inc. d/b/a On Deck Sports, closing on December 30, 2022. On Deck Sports, a Randolph, Massachusetts–based manufacturer and distributor of baseball and softball equipment and designer/installer of indoor training facilities, will remain led by CEO Tim Allen while founder Joe Murphy retains a meaningful equity stake.
-
The Jordan Company (Resolute V) Acquires Sunny Sky Products; Seidler Exits
September 22, 2021
Food & Beverage
An affiliate of The Jordan Company’s Resolute Fund V has completed a majority investment in Sunny Sky Products, providing an exit for minority investor Seidler Equity Partners. Founder and CEO Ashley Edens remains in place and TJC’s capital will support Sunny Sky’s organic growth and strategic M&A activity.
-
Monomoy Capital Partners Acquires Sportech, Inc.
December 2, 2019
Manufacturing
Monomoy Capital Partners has acquired Sportech, Inc., a Minnesota-based designer and manufacturer of cab components and thermoformed plastic assemblies for powersports, golf & turf, industrial and agriculture OEMs. Sportech operates three facilities in Minnesota and employs about 325 people; Monomoy said it will partner with management to drive continued operational and financial improvement.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.