The a global private equity firm in the health and wellness sector, has appointed former Cotopaxi executive Grace Zuncic as its first managing director of human talent, effective January 2, 2025.
Category: Sports/Fitness
SGB 2024 Year In Review: Active Lifestyle M&A—Part Two
SGB Media presents a roundup of M&A action in the industry for the second half 2024, including new deals struck or closed in the final days of 2024.
Fleet Feet Franchise Opens in Hattiesburg, MS
New owners Chris and Angie Walker opened their new Fleet Feet location in Hattiesburg, MS on December 17, with a Grand Opening scheduled for January 2025.
SGB 2024 Year In Review: Active Lifestyle M&A – Part One
While the active lifestyle industry again saw a number of smaller to medium-size acquisitions during 2024, major deals for the second year in a row were few and far between due to a combination of higher interest rates, an uncertain economy, and fewer consolidators. A roundup of M&A action in the industry for the first half of 2024.
Nordstrom Family and Mexico-Based Partner Acquire Nordstrom Business for $6.25B
The company has signed a definitive agreement under which Erik Nordstrom, Pete Nordstrom and Jamie Nordstrom, and other members of the Nordstrom family will own 50.1 percent and El Puerto de Liverpool, S.A.B. de C.V. (Liverpool), will own 49.9 percent of Nordstrom, Inc.
Sqairz Forms Medical Advisory Board to Elevate Brand
The formation of a Medical Advisory Board brings together accomplished doctors of sports medicine, biomechanics and physical therapy, whose insights will “allow us to continue to set new benchmarks for athletic footwear.”
CCM Hockey Partners with USA Hockey National Teams as Official Supplier
As part of this agreement, CCM said it will provide state-of-the-art equipment, including helmets, gloves, sticks, skates, protective gear and fans apparel to USA Hockey’s National Teams and their fans.
Fairfax Closes Transaction for Bauer Hockey Parent Peak Achievement Athletics
Peak announced in September Fairfax’s plans to acquire the remaining equity of Peak not owned by Fairfax, giving it control of the company. The deal includes Bauer Hockey, Cascade Lacrosse and Maverik Lacrosse.
Imperial Rebrands Peter Millar Soft Goods Licensing Division
Under the leadership of PGA of America member Andrew Blatnik, Peter Millar Licensing Co. will continue to offer an extensive range of soft goods accessories, including t-shirts, belts, and key fobs, in close collaboration with Peter Millar.
Summit Golf Brands Adds New Hires and Promotions for Fall 2025 Season
Ian Critser and Taylor Elder have been hired as account executives, covering the PNW and Ohio Valley region, respectively. Brian Holstein (Mid-Atlantic) and Paige Golibart (Eastern Florida) were promoted to senior account executives. Effective immediately, they will join the company’s senior sales team.
PGA of America Appoints New CEO
Derek Sprague is the first person to serve the PGA as a past president and CEO. He served as the 39th president from 2014-2016. Sprague succeeds Seth Waugh, who served as CEO from August 2018 to June 2024.
Heritage Golf Group Expands Organization, Acquires Two North Carolina Golf Clubs
The owner and operator of private country clubs and high-end daily-fee courses across the U.S., has acquired Wilmington, NC-based Compass Pointe Golf Club and Magnolia Greens Golf Club. The clubs represent Heritage’s 7th and 8th acquisitions in 2024, bringing its total club count to 41.
Scholastic Sports Sales Owner Jeff Miller Passes Away
Miller owned Scholastic Sports Sales, which celebrated its 50th anniversary in April 2024 and is in its third generation of family ownership. He was a member of the NSGA Board for two terms from 2015 to 2021. He unexpectedly passed away on December 19 at age 69.
EXEC: New Nike Inc. CEO Lays Out Pain Points Ahead and Plans to Re-Focus on Sport
The new CEO did not ride in on a white horse or a chariot as a conquering hero, but as a janitor, not unlike Mr. Earl, who realizes he has a big job to do but also has a clear mind on what must be done.
Bobby Jones Links Names VP of Revenue Management
With a diverse background in various industries, including golf, hospitality and education, Eric Escamilla’s career, includes roles as regional director of Membership Sales at Heritage Golf Group and director of Membership at ClubCorp.
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