Announced
Completed
Financials
Tags
Private
Single Bidder
United States
Private Equity
Domestic
Majority
Specialty Retailers
Acquisition
Completed
golf equipments
Friendly
Synopsis
Solace Capital, a lower-middle market private equity firm, completed the acquisition of Sun Mountain Sports, a producer of golf equipment and apparel. Financial terms were not disclosed. "Sun Mountain is widely recognized as the standard in golf bags, push carts and outerwear due its superior product quality and commitment to innovation. Under Rick’s ownership, the Company has built a stellar reputation for excellence, and we see attractive opportunities to grow the business and bring its wide range of products to as many golfers as possible. We look forward to working alongside Sun Mountain’s highly-experienced, long-tenured management team and talented employees to continue to provide solutions for golfers and steward the Company in its next phase," Brett Wyard, Solace Managing Partner.
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