Announced

BC Partners to acquire a minority stake in Riddell from Fenway Partners for $400m.

Synopsis

BC Partners, a private equity investment firm specializing in buyout investments, agreed to acquire a minority stake in Riddell, a designer and developer of protective sports equipment, from Fenway Partners, a direct US–based investor in mid-market businesses, for $400m. “Riddell proudly welcomes BC Partners as advisors and investors in our business. We clearly maintain a shared vision for maximizing Riddell’s role in the rapidly evolving products and services landscape within football and sports. This alignment will ultimately strengthen Riddell’s service to our customers, drive increased financial performance, and deliver value for our investors, including BC Partners and Fenway Partners,” Dan Arment, Riddell President and CEO.

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