Private equity firms eye bankrupt Performance Sports: Reuters

Multiple suitors are weighing bids to challenge the US$575 million offer for Performance Sports Group Ltd made by a financial consortium in the bankruptcy court auction of the Bauer hockey gear maker, sources told Reuters. Private equity firms Thomas H. Lee Partners LP, Bain Capital LP, KKR & Co LP, KPS Capital Partners LP, and Sycamore Partners have indicated their interest in the Canadian-born sporting goods company, the sources said. British retailer Sports Direct International plc and Canadian pension fund manager Caisse de dépôt et placement du Québec have also submitted letters of interest.

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