Bravo sports Buys Helmet Maker Nutcase to expand subculture ... - Mergers & Acquisitions - The center Market

other activities protection machine offers encompass the purchases of Cycle gear, Poc Sweden and Simpson efficiency

Transom Capital community-Bravo activities Corp. has agreed to purchase helmet company Nutcase Inc. to develop its culture division. phrases of the deal were no longer disclosed.

based mostly in Portland, Oregon, Nutcase makes helmets for skating, biking, driving motorcycles, water and snow activities. The enterprise changed into headquartered in 2006 through Michael Marrow, a former inventive director at Nike Inc. (NYSE: NKE), with the purpose of constructing helmets with a artistic and stylish design to inspire individuals to wear them extra often. Nutcase will proceed to operate out its latest Portland office.

Bravo activities, headquartered in Santa Fe Springs, California, manufactures leisure and carrying goods to sellers. The purchaser additionally has the license to manufacturer brands such as Walt Disney Co. (NYSE: DIS), marvel andNickelodeon. The company has places of work and warehouses in Italy, China and Thailand. The deal for Nutcase's color helmets will extend the buyer's lifestyle business that contains Airzone trampolines and John Deere canopies.

Transom Capital group is a decrease-core market deepest equity enterprise that backed Bravo activities in June 2015. primarily based in los angeles, the firm looks to investment in organizations with as much as $20 million in Ebitda. The PE firm has up to now invested in Blue Microphones, first rate dwelling Labs LLC and the Midwest middle for Stress and anxiety.

tradition manufacturers and helmet-connected deals have viewed a steady activity from deepest equity enterprises. other offers  encompass: Investcorp's buy of helmet maker Poc Sweden AB from Black Diamond Inc. (NASDAQ: BDE) for $sixty five million in money; Bruckmann Rosser Sherrill & Co.'s acquisition of Simpson efficiency items Inc., a maker of race-care connected products like helmets and neck restraints; and J.W. Childs pals LP's deal acquiring motorcycle apparel provider Cycle apparatus.