Evansville, Ind., January 21, 2022 /PRNewswire/ — Escalade, Inc. (NASDAQ: ESCA), a frontrunner in sporting items and indoor/outside leisure tools, at present introduced that it has accomplished the acquisition of the property of the Brunswick Billiards® enterprise from Life Health, LLC. A Portfolio Firm of KPS Capital Companions, Lp.
The acquisition of Brunswick Billiards® permits Escalade to broaden its product choices and relationship with customers throughout the billiards and indoor leisure markets.
“The addition of the long-lasting Brunswick Billiards® model to Escalade’s portfolio has elevated our market management. The gifted groups from Brunswick Billiards, Escalade and Life Health labored very properly collectively to shut this transaction. We stay up for offering and customers with the very best quality and worth in our intensive providing of sport tables and equipment,” mentioned Escalade CEO Walt Glazer,
Will proceed to be primarily based in Brunswick Billiards Bristol, Wisconsin and led by John KazicoNormal Supervisor and his administration staff.
Baird served as Life Health’ unique monetary advisor on the transaction.
About Escalade, Inc.
Established in 1922, and headquartered in . In Evansville, IndianaEscalade designs, manufactures and sells sporting items, health and indoor/outside leisure tools. Our mission is to attach household and mates whereas creating lasting reminiscences. Main our respective classes, Escalade’s manufacturers embody Bear® Archery; STIGA® Desk Tennis; Accudart®; Rev Sports activities®; Victory Tailgate®; Onyx® Pickleball; Golarilla™; Lifeline® Health Merchandise; Woodplay®; American Heritage Billiards®. Escalade’s merchandise can be found on-line and at main retailers nationwide. For extra info on Escalade’s many manufacturers, historical past, financials and governance, please go to www.escaladeinc.com or contact Patrick GriffinVice President of Company Improvement and Investor Relations at 812/467-1358.
About Life Health, LLC
Life Health, LLC is the worldwide chief in business health tools. The corporate manufactures and sells its energy and cardiovascular tools by way of its prestigious household of manufacturers together with Life Health, Hammer Power, Cybex, ICG® and SCIFIT. Its tools is distributed globally to greater than 250,000 health services in over 160 nations. The headquarters of Life Health, LLC is close to ChicagoIn Franklin Park, Illinois, For extra details about Life Health, LLC, go to http://www.lifefitness.com.
This report comprises forward-looking statements regarding present or future tendencies or components which might be topic to dangers and uncertainties. These dangers embody, however should not restricted to: the precise and general affect of the COVID-19 international pandemic on Escalade’s monetary situation and outcomes of operations; Escalade’s plans and expectations for the transition to its new Chief Govt Officer and all doable associated impacts and penalties; Impact of aggressive merchandise and pricing; Product demand and market acceptance; new product growth; Escalade’s capacity to realize its enterprise targets, significantly in relation to its sporting items enterprise, on which it has chosen to focus; Escalade’s capacity to efficiently obtain the anticipated outcomes of strategic transactions, together with the mixing of acquired property and operations of companies and the divestiture or closure of sure operations, property, manufacturers and merchandise; Continuity and growth of key buyer, provider, licensing and different enterprise relationships; Escalade’s capacity to develop and implement our personal direct shopper e-commerce distribution channel; Escalade’s capacity to efficiently negotiate modifications within the shifting retail atmosphere and shopper buying habits; the monetary well being of our clients; In our enterprise operations, together with with out limitation or delays in our provide chain arising from political unrest, conflict, labor strikes, pure disasters, public well being crises such because the coronavirus pandemic, and different occasions and circumstances past our management interruption or delay; the power to regulate the price of the Escalade; Escalade’s capacity to mitigate the potential results of relevant tariffs and different commerce restrictions on our merchandise and uncooked supplies, the affect on the price of producing our items, the importation of merchandise and supplies into our markets on the market, and on our pricing the product; common financial situation; fluctuations in working outcomes; modifications in overseas foreign money change charges; modifications in securities markets; Escalade’s capacity to acquire financing and keep compliance with the phrases of such financing; the supply, integration and efficient operation of knowledge programs and different applied sciences, and potential disruption of such programs or know-how; the chance of privateness breaches associated to information safety; and different dangers detailed on occasion in Escalade’s filings with the Securities and Alternate Fee. Escalade’s future monetary efficiency may differ materially from administration’s expectations contained herein. Escalade undertakes no obligation to problem amendments to those forward-looking statements after the date of this report.
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