DOWNERS GROVE, ILLINOIS (April 17, 2024) – CCM Hockey, a member of the Hockey Dealers Association (HDA), is hitting the market once again, according to published reports. Birch Hill Equity Partners, a private equity fund manager, has initiated the sale of CCM Hockey on the brink of the NHL playoffs, expecting a significant return on investment compared to the $110 million initially paid for the business seven years ago.
With the assistance of U.S. investment bank Robert W. Baird & Co. Inc., Birch Hill aims to conduct the potential sale, anticipating interest from sports equipment manufacturers and large private equity funds. Birch Hill’s decision to explore a sale follows several unsolicited offers for CCM Hockey, prompting the need to ensure a swift resolution to avoid prolonged uncertainty regarding ownership.
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Topics
Birch Hill Equity Partners Robert W. Baird Co. Private Equity CCM Hockey HDA Hockey
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