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Synopsis
Escalade, a manufacturer of archery, sporting goods, fitness, and indoor/outdoor recreation equipment, completed the acquisition of AllCornhole, a supplier of cornhole bags and equipment. Financial terms were not disclosed. "This strategic acquisition provides a platform for continued growth as the game evolves from a casual backyard pastime into a nationally recognized sport. Today, professional cornhole athletes compete for millions of dollars in prize money on major television networks, a transformation driven by the ACL. We look forward to participating in that continued growth through the addition of AllCornhole to our portfolio," Ben Tremont, Escalade Sports Group President.
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