US

The investment will help underwrite the planned November launch of a new line of pickleball shoes.

Sporting goods equipment companies are trading at 10x or more EBITDA as household names trade hands among PE firms, Nathan Pund, managing director of Houlihan Lokey, told PE Hub.

‘There are significant opportunities for growth through consolidation, allowing PE investors to achieve economies of scale,’ says Proskauer’s Andrew Wingfield.

'We continue to see an attractive landscape of actionable add-on opportunities that can assist larger platforms in expanding.'

Stephen Burhenn is appointed as a principal and Derrick Lee has joined as vice-president.

Hobby is an electrical maintenance, repair and installation services provider.

The CPA firm's private equity practice provides due diligence and post-deal-closing support services.

KinderCare is an early childhood education services provider in the US.

Mat-Pac is a supplier of products to the North American foodservice and janitorial and sanitation markets.

‘If you're in the global industrial game, you have to be localized by definition. You can't fight climate change without a global perspective and footprint to tackle what are predominantly local issues.’