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Private Equity

Private Equity Firms Eye Bankrupt Performance Sports, Say Sources

by posted 2years ago 1488 views
<p>Multiple suitors are weighing bids to challenge the $575 million offer for&nbsp;Performance Sports Group Ltd&nbsp;made by a financial consortium in the bankruptcy court auction of the&nbsp;Bauer&nbsp;hockey gear maker, according to two people familiar with the matter.</p> <p>Private equity firms&nbsp;Thomas H. Lee Partners LP, Bain Capital LP, KKR &amp; Co LP (KKR.N), KPS Capital Partners LP,&nbsp;and&nbsp;Sycamore Partners&nbsp;have indicated their interest in the sporting goods company, the people said. The sources could not be named because the talks are private. The auction is scheduled for Jan. 30.</p>

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