Sports Supply Group has acquired Pal's Sports Center of Elmira, NY. Terms were not disclosed.
George Maloney will stay on to manage Pal's, which will remain in its
16,000-square-foot location at 1327 College Ave. All current employees
will be retained.
Pal's Sporting Goods was established in 1946 in Elmira by Lou Paltrowitz, who sold the business to George and Dianne Maloney in 1980. The new owners changed the name of the business several years later to reflect its new focus on supplying equipment to athletic teams instead of individual athletes.
The acquisition of Pal's Sports is expected to support Sport Supply's push in the Northeast.
Sport Supply Group was publicly owned until early last month, when it was acquired by the private equity firm ONCAP LLC.
