SGB Update

David Dragoo Appointed To Colorado Economic Development Commission

David Dragoo, president and founder of Colorado Outdoors, a multi-use riverfront economic development project serving the outdoor recreation industry, has been appointed by Colorado Sen. Leroy M. Garcia, Jr., Senate President, to the Colorado Economic Development Commission.

Crunch Fitness Acquired By TPG Partners

TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, announced that it has partnered with company management to acquire Crunch Fitness.

SFIA Encouraged By China Tariff Truce

In a statement, SFIA praised the Trump administration’s decision to return to trade negotiations with China and suspend any immediate action on new tariffs. Stated SFIA President and CEO, Tom Cove. “We see this as a positive sign for the industry, but not conclusive.”

Trump and Xi Agree To Restart Trade Talks

The U.S. and China agreed to resume trade talks after a seven-week breakdown and the Trump administration has decided to hold off for now adding new 25 percent tariffs on some $300 billion in Chinese imports, which would have included apparel and footwear classifications and other popular consumer products.

Seattle’s Ascent Outdoors To Re-Open Under New Ownership

Ascent Outdoors, which closed suddenly in late April, will re-open at least one store in July after being acquired by Sandeep Nain, the founder of retail and mountain climbing group Miyar Adventures, according to the Seattle Times.

USA Triathlon Partners With USA Swimming

USA Triathlon announced a three-way partnership with USA Swimming and U.S. Masters Swimming to host open water swim races as part of two USA Triathlon-owned events this year, the inaugural Legacy Triathlon and the Toyota USA Triathlon Age Group National Championships.

CBD For Life Acquired By IAnthus Capital

IAnthus Capital Holdings Inc., which owns, operates, and partners with regulated cannabis operations across the United States, announced that its U.S. subsidiary has closed the previously announced acquisition of CBD For Life, a top-ranked, national CBD brand in the U.S.

Winmark Corporation Announces Resignation

Winmark Corporation, the parent of Play It Again Sports,  announced the submission by Steven C. Zola of his resignation from the position of president of Winmark Capital, as well as his resignation as vice chairman of the board of directors of Winmark Corporation.

Navico Appoints Knut Frostad President And CEO

Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands announced Friday that its board of directors has appointed Knut Frostad as president and CEO, assuming the role of outgoing chief executive, Leif Ottosson.

Evo Partners With Bouldering Project at Campus SLC

Seattle-based outdoor and action sports retailer Evo has announced it will partner with Bouldering Project to bring a world-class bouldering gym to its new Campus SLC, a collection of complementary businesses designed to drive community around a shared passion for outdoor culture in Salt Lake City.