SGB Update

Fitness Connection Opens 45th Location

The company opened a third gym in San Antonio, TX, the 45th in its nationwide network. The new Westover facility opened on January 20 and includes a 50,000-square-foot gym, catering to all fitness levels and preferences.

KV Capital Merges Two Powersports Brands Via Acquisition

The company anticipates merging the UTV Canada business with Mountain Sports Distribution, the full-service powersports distributor that joined the KV Capital Fund II portfolio in 2023. Financial terms were not disclosed.

Pure Hockey Expands into Iowa with New Acquisition

The acquisition of JT’s Slap Shot in Urbandale, IA, marks Pure Hockey’s first entry into the state and “underscores the company’s commitment to serving the needs of hockey players across the U.S.”

Werner Riethmann Departs Active Management of Lowa

After more than 30 years, Werner Riethmann left active management of Lowa Sportschuh GmbH at the end of December 2023. He will remain with the Bavarian hiking and mountain boot specialist as a shareholder with a 20 percent share and in an advisory capacity.

EXPLORE Act Passes Out of Committee, Heads to House Vote

ORR and its members celebrated the milestone and is urging swift passage of the EXPLORE Act through the full House and Senate, for the benefit of public lands, waters, and the communities that thrive because of them.