Fulcrum Capital Partners acquires Athletica Sport Systems
Canadian private equity firm Fulcrum Capital Partners has acquired Athletica Sport Systems Inc, a Waterloo, Ontario-based designer and manufacturer of arena services and products, including dasher board systems for hockey arenas and multi-sport athletic facilities. The deal's financial terms were not disclosed. Robert Naegele Jr, who founded Athletica in 1996, will continue to be involved with the business. Andrew McRae, Atheltica's CEO, said the partnership with Fulcrum will support the company's "next phase of growth.” Athletica is the eighth platform investment of Fulcrum Capital Partners V, which raised $344 million in 2015.
23 April 2018•2 mins read
