Sport Supply Group, Inc. has acquired certain assets from Gus Doerner Sports, Inc. of Evansville, IN. SSG acquired the rights to Doerner's Team Sports Division which caters to high school, college and out of school sports programs in southern Indiana. SSG did not acquire any liabilities in the transaction. Terms were not disclosed.
Last week, Sports Supply Sport acquired substantially all the assets of Webster's Team Sports of Pompano Beach, FL.
Phil Dickman, President of Sport Supply Group's Kessler's subsidiary, stated: “We are pleased to add the Doerner's team sales group to our existing Indiana sales force. Doerner's has been a respected competitor for many years and this transaction allows us to work in tandem to provide the best in service, product breadth and value to institutions across southern Indiana.”
Don Katterhenry, owner of Gus Doerner Sports commented: “I have known and respected the Dickman's and their team for many years and am pleased that the Doerner's team staff is able to join the leading company in our industry. I think the transaction will provide a great future for our team salesmen and the many loyal customers we have served over the past 40 years.”
Adam Blumenfeld, chairman and CEO of Sport Supply Group remarked: “Similar to the recently announced Webster's Team Sports acquisition in southern Florida, this transaction affords SSG the ability to expand its coverage of an important state while leveraging the pre-existing infrastructure and support systems already in place in that region. We are excited to have the Doerner's team aboard and look forward to a promising future.”
