LOS ANGELES, Sept. 25, 2013
CriticalPoint Capital, the investment affiliate of
CriticalPoint Partners, announced today that it has acquired Organized
SportsWear, LLC.
Organized SportsWear manufactures physical education uniforms with customized
silk screen printing and embroidery, and is a leading provider of PE
Wear, Spirit Wear, Staff Wear, and Uniforms to public and private Middle
Schools, High Schools and Athletic Programs.
"We are thrilled to acquire Organized SportsWear," stated Matt Young, Founder and CEO of CriticalPoint. "Rick and Karen Johnson
have done an exceptional job managing the company since founding it in
1988. Our goal is to build upon the solid foundation they have
established while maintaining the same high levels of quality and
customer service."
"After a careful search, we selected CriticalPoint as the optimal group to assume ownership," said Rick and Karen Johnson,
the previous owners of Organized SportsWear. "CriticalPoint embodies
the business philosophies we have followed with our customers, vendors
and employees, and we have confidence in their commitment to continue
producing high quality products with first class customer service." The
Johnsons chose to sell the business upon Rick's decision to retire
after building and operating this trusted brand for over two decades.
Leading the transaction for CriticalPoint were Matt Young, and Executive Vice President, Brad Holtmeier. This marks the first acquisition for CriticalPoint since its founding in early 2013.
About CriticalPoint Capital:
CriticalPoint
Capital seeks opportunities to invest in companies with long-term value
creation potential or in situations that require a seamless ownership
transition. CPC provides flexible capital to companies that can be
structured as an acquisition, recapitalization, growth capital, or
rescue financing.
About CriticalPoint Partners:
CriticalPoint Partners is a business advisory firm, headquartered in Los Angeles,
focused on sourcing, negotiating and executing a range of outsourced
corporate finance solutions to enhance shareholder value. CriticalPoint
Partners builds customer-centric, long-term partnerships with our
representative clients to create strong relationships that span the
course of multiple transactions.
SOURCE CriticalPoint Capital
RELATED LINKS / http://www.criticalpointpartners.com
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