SGB Update

Toca Football Raises $35 Million, Extends Partnership with MLS

The U.S.-based indoor soccer experience company that operates two primary businesses: Toca Soccer and Toca Social, raised an additional $35 million in funding, including $15 million in equity and $20 million in debt financing from J.P. Morgan Commercial Banking.

Authentic Brands Group Acquiring Dockers Business

The owner of the Eddie Bauer, Reebok, Forever 21, Aéropostale, Brooks Brothers, Lucky Brand, Nautica, and Nine West brands has entered into a definitive agreement with Levi Strauss & Co. to acquire its Dockers business for an initial transaction value of $311 million.

Haro Bikes Hires European Sales Director

Christoph Kronenberg has reportedly held senior positions at 3T Bike, Bianchi Bicycles, and with his own business, BCP Bikes. Most recently, as country and sales manager DACH for 3T.

Pickleball Kingdom Franchise to Open in Arkansas

The indoor pickleball franchise, announced that its first club will open in Little Rock, AR, in November 2025. The facility will span approximately 30,000 square feet and feature 11 professional-grade indoor courts.

Rural King Opens Newest Store in Pennsylvania

The family-owned retailer for over six decades, catering to the rural lifestyle, has opened a new store in Altoona, PA. The store will hold a grand opening from May 23-25.