Announced
Completed
Financials
Tags
Acquisition
Private Equity
Recreational Services
recreational products
Domestic
Completed
United States
Single Bidder
Majority
outdoor products
Friendly
Private
Synopsis
Blackford-backed Aqua-Leisure Recreation, an operator of a water sport leisure product development and aquatic goods company, completed the acquisition of Airhead Sports, a designer and supplier of outdoor products for recreational water sports and winter sports markets. Financial terms were not disclosed. "The Airhead family of brands is a natural fit for the Aqua Leisure portfolio. Our combined product offerings will be able to satisfy greater consumer demand for a wider range of outdoor recreational activities. We are big believers in empowering consumers to experience all the fun that can be had outdoors, and we're excited to move forward under my direction with this next phase of growth and innovation with the Airhead team," Steve Berenson, Aqua-Leisure CEO.
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