September 18, 2024 Vista Outdoor Sticks with Czechoslovak Group
The VSTO board urged shareholders to adopt last week's revised offer from the Czechoslovak Group for the Kinetic Group ammunition business over the latest offer from MNC Capital for the entire company at the special shareholder meeting set for Sep. 27, while revealing it is entertaining a new offer for the Revelyst outdoor business from an unnamed private equity firm who had worked with MNC.
SeaJack has inked an agreement to acquire World Industries, bringing the skateboard brand back under the stewardship of its former CEO, John Dickinson, who led the company from 2004 to 2010. Sole Fitness Names New CEO, Offers Virtual Classes
Sole is launching Sole+ Studios as it expands into the virtual fitness space to offer streaming classes, and is now helmed by new CEO Brad White. New Backcountry Owner Scores $112 Million Credit Facility
CSC Generation Enterprise inked a $112 million financing package consisting of a senior secured revolving credit facility and term loan for its acquisition of Backcountry, supporting the deal and refinancing existing debt. TrusTrace Partnership Supports Product Traceability
TrusTrace is combining its supply chain compliance platform with platform engineering firm Xoriant and environmental impact data leader Carbon Trail to give brands better product marketing accountability.
The former gymnast, founder of American Athletic, and CEO of multiple sporting goods companies over more than 60 years in the industry, died on Aug. 3 in Lake Saint Louis, MO. Etcetera: Puma, Pro Sports Group, Bollé Brands, Follett
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