Norwest Equity, a middle market investment platform, completed the acquisition of United Sports Brands, a dynamic portfolio of category-defining sporting goods and active lifestyle brands, from Bregal Partners, a private equity firm. Financial terms were not disclosed. “We are excited to add another sporting goods and active lifestyle platform to the NEP family of portfolio companies. NEP is thrilled to have the opportunity to partner again with USB and create long-term value for all stakeholders,” Adam Garcia Eveloff, NEP Managing Director.