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New Deal


Announced

Completed

Solace Capital completed the acquisition of Sun Mountain Sports.

Financials

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

Tags

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Private

Single Bidder

United States

Private Equity

Domestic

Majority

Specialty Retailers

Acquisition

Completed

golf equipments

Friendly

Synopsis

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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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