Strait Lane Capital Partners Acquires TTI Sports International
July 7, 2021
Strait Lane Capital Partners, a Dallas-based family-owned private investment firm, has acquired TTI Sports International, Ltd., a Portland, Maine-headquartered manufacturer of premium felt for the global tennis-ball market. The deal was financed with equity from Strait Lane families and investors and senior debt from East West Bank; Strait Lane plans to support a >30% expansion of TTI's manufacturing capacity to meet growing demand in tennis and emerging sports like padel.
- Buyers
- Strait Lane Capital Partners, LLC
- Targets
- TTI Sports International, Ltd.
- Industry
- Manufacturing
- Location
- Maine, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.