February M&A Roundup: BSN Sports, CGPR And More

BSN Sports dominated last month’s M&A activity. The Dallas, TX-based team sports apparel and equipment distributor announced a trio of acquisitions in February, bringing the company’s 2020 total to four. Also, the boutique outdoor and active lifestyle public relations firm CGPR found a new home with a larger agency in a deal that provides synergies for both.

Olin Corp. Appoints Two Board Members

Olin Corp., the parent of Winchester, announced the appointment of Scott Ferguson and W. Barnes Hauptfuhrer to its Board of Directors, effective immediately. Olin also entered into an agreement with Sachem Head Capital Management LP.

Coronavirus Threatens U.S. Mall Traffic

According to a survey from Coresight Research, nearly three-quarters of U.S. consumers would stay away from malls or shopping centers if the coronavirus outbreak worsens in the U.S.

BSN Sports Acquires Athletics Unlimited

BSN Sports, a direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, on Friday announced that it has acquired Athletics Unlimited, based in Sacramento, CA. Financial terms of the deal weren’t disclosed.

Acushnet’s Momentum Jeopardized By Coronavirus

Acushnet Holdings Corp. is riding an impressive wave of momentum into 2020. But the Fairhaven, MA-based parent of Titleist and other brands is facing a sizeable hazard midway through the first quarter, one that should be a drag on the top and bottom lines for at least the first half of the year—the coronavirus.

Camping World Turns The Page

Last year, Camping World Holdings Inc. closed or sold more than 60 locations that didn’t sell or service RVs, a move took a toll on 2019 results by causing some short-term revenue and earnings pressure. But as Camping World turns the page on its retail model and refocuses on its core RV business, the company appears better positioned for 2020 and beyond.