Ropes & Gray Advises Marucci Sports in its Sale to Compass Diversified Holdings
Ropes & Gray advised Marucci Sports LLC a leading manufacturer and distributor of baseball and softball equipment, in its sale to Compass Diversified Holdings for a purchase price of $200 million excluding working capital and certain other adjustments upon closing. The transaction was announced on March 9. The press release is here.
Marucci Sports is a leading manufacturer and distributor of baseball and softball equipment under the Marucci and Victus brands, headquartered in Baton Rouge, Louisiana. Marucci’s product portfolio includes wood and metal bats, apparel and accessories, batting and fielding gloves, and bags and protective gear. Compass Diversified Holdings is an owner of leading middle-market businesses.
The Ropes & Gray team that advised Marucci was led by private equity partners Daniel Evans (New York) and Carl Marcellino (New York), and included private equity associate Patrick Dorime (New York), tax partner Benjamin Rogers (San Francisco) and benefits partner Danna Kivell (New York) and associate Eric Hunter (Boston).