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Bauer Performance Sports Acquires BRG Sports for $330 Million
- Client News
- April 15, 2014
Paul, Weiss client Bauer Performance Sports Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, announced the official closing with Easton-Bell Sports, now officially known as BRG Sports, Inc., to acquire the Easton Baseball/Softball business for $330 million in an all-cash transaction. The acquisition greatly enhances the company's performance sports platform by adding Easton, the world's leading and most iconic diamond sports brand, to the other strong brands in the BPS portfolio, including Bauer, Mission, Maverik, Cascade, Inaria and Combat. It also adds valuable intellectual property to BPS and provides a significant counter-seasonal business to the company's existing revenue stream.
The Paul, Weiss team included corporate partners Angelo Bonvino, Thomas de la Bastide and Chuck Googe; tax partner David Mayo; environmental partner Gaines Gwathmey; and employee benefits counsel Reuven Falik.