Private equity house TZP Group has picked up Soccer Post Holdings, the largest local-market-focused omni-channel soccer specialty retailer in the US.
The company provides soccer kits, equipment and boots across e-commerce, physical stores and institutional channels.
Company CEO Sarah Jett said, “We have experienced significant growth and have unprecedented opportunities to scale the business nationally through multiple channels.
“We needed to find a partner with expertise in omni-channel retailing and the capital to support our anticipated growth.
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“We selected TZP for their track record with omni-channel retailers, portfolio of authentic brands, and their confidence in our team and our vision for the future of soccer specialty retail.”
TZP partner Rodney Eshelman added, “Soccer Post is a well-known, national brand and its reach across channels is compelling.
“What is most compelling is the authenticity that the Soccer Post brand brings to the soccer communities it serves.”
TZP closed its third flagship private equity fundraise on $565m in 2017. The firm currently manages about $2bn targeting control, growth equity, and structured capital investments in technology, business services, and consumer companies.
Source: AltAssets
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