Spyder Active Sports Inc., which is owned by private-equity firm Apax Partners, is being put up for sale with hopes to fetch as much as $150 million, the New York Post reported Friday.
Apax Partners reportedly retained Blackstone Group to look for a potential buyer, the Post said.
Spyder didn’t respond to the Post’s requests for comments, and Apax has not commented.
Apax paid $100 million for Spyder in 2004. The Post reported Apax tried once before to find a buyer.
