Northleaf Capital Partners has announced that its managed funds have completed an investment in CCM Hockey.
The transaction was executed in partnership with Altor Equity Partners, a prominent European private equity firm specializing in middle-market investments.
CCM is valued between $371m and $416m. This marks a significant increase from the $110m price Adidas AG received when it sold the company to Birch Hill in 2017.
Established in 1899, CCM is a Montreal-based company renowned for designing, manufacturing, and distributing hockey equipment such as sticks, skates, protective gear, helmets, goalie equipment, and apparel. With a presence in over 40 countries, CCM is endorsed by numerous NHL and PWHL stars.
With over two decades of experience, Northleaf has earned a reputation as a global private markets investor and a reliable partner. Specifically, having completed more than 150 private equity co-investments, Northleaf’s investment in CCM highlights its ability to collaborate with leading private equity sponsors.
Source: Business Wire
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