.
MergerLinks Header Logo

New Deal


Announced

Completed

Strait Lane completed the acquisition of TTI Sports International.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

tennis products

Completed

Recreational Products

Majority

Single Bidder

Domestic

Private Equity

Private

Acquisition

United States

Synopsis

Edit

Strait Lane, a family-owned private investment firm, completed the acquisition of TTI Sports International, a global tennis products provider. Financial terms were not disclosed. "We are very happy to welcome Ciaran and the rest of his team into the Strait Lane family. The acquisition of TTI continues our strategy to acquire unique manufacturing businesses that dominate in the markets they serve. At Strait Lane, we believe that one of the marks of a great management team is the longevity of its client base. The fact that the TTI’s largest client relationships span over 40 years is a testament to the quality of the products. We are looking forward to supporting the team as they embark on this new phase of growth," Warren Edwards, Strait Lane Co-Founder and Managing Partner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US