ForeFront Holdings, Inc. has been acquiring its way through the golf accessories market over the past year. Most recently, the company acquired Devant Ltd., supplier of custom sport towels for the golf market. The acquisition occurred on December 20, 2006 with an effective date of December 3, 2006 for a purchase price of $4.6 million. Devant revenues for the year ending 2005 were $8.3 million, including the revenues of Sir Christopher Hatton Inc., which was purchased by Devant in January 2006.
Devant will continue to operate in its current location under the leadership of Rick Sheppard, president. The company has 45 full time employees and 93 independent sales representatives. In addition to Devant, ForeFront Holdings owns the Burton Golf, Datrek, Miller Golf, and Sir Christopher Hatton brands.
