Not good at all for the industry if the new owners of @CCMHockey raises prices even more. #1 thing customers talk about when buying new gear is how expensive it has got.
Hearing CCM's private equity owner is close to finalizing the sale of the hockey equipment company.
I'm told by people involved in the sale process the price will eclipse $570M, and be more than eight times EBITDA.
Birch Hill Equity Partners paid $110M seven years ago to buy CCM from Adidas. Since then, CCM, one of hockey's biggest equipment companies, has more than doubled revenue and boosted profits.
Bankers say they expect owners of Bauer Hockey and True Hockey to also explore sales in coming months.
Industry source tells me the price of skates and hockey equipment may increase significantly under new owner(s).
No better time than now to post this pic. A young @rajahcaruth_ as a ‘race fan’ at his home track in Richmond. 2019. And tonight I got to call his first W in NASCAR.
It's an exciting day across the league as we officially announce Doug Christiansen (@ECACCommishDoug) as the new #ECACHockey Commissioner!
Congratulations, Commish! Welcome to the family!
🔗https://t.co/MT4eYgaxrR
Good morning, it’s finally here. I will leave everything I have out there today and hope it’s enough . No matter what happens today I will leave the sport of my life with my head held high. Thank you fans, friends and family. Let’s do this one last time
@Ianniello21@Fanatics Don’t worry about the wash what about the first guy to get in a fight wearing one of these tissue paper jerseys. Just going to shred.
For more than 40 years, Terry Koharski has spent his falls, winters, and springs trekking across North America, in search of his next hockey game. On Saturday in Springfield, he'll step on the ice one last time.
📝: @pwilliamsAHL | https://t.co/ydCB08Muq8