Canadian Tire's FGL Scores $85M Buy of PE-Backed Pro Hockey Life
FGL Sports Ltd., a subsidiary of Toronto-based Canadian Tire Corp., has completed its previously announced acquisition of Laval, Québec-based Pro Hockey Life Sporting Goods Inc. for $85 million. The company will now operate as a banner under FGL Sports. Pro Hockey Life, which owns a chain of specialty hockey retail stores located across Canada, was backed by Canadian private equity firms Champlain Financial Corp., Fondaction (CSN) and other investors.
12 August 2013•5 mins read
