Summit Sports Receives Investment

Summit Sports, a multi-channel action sports company, received an investment of undisclosed amount.

Digital Fuel Capital, Bay Capital Investment Partners, Eagle Private Capital, MB Financial Bank and Pine Street Capital Partners invested in the deal.

The investment is aimed to support Summit’s acquisitions of other e-commerce leaders in specialty sporting goods, as well as continue its organic growth in the action sports industry.
In addition to continued growth in its existing categories, Summit will begin a combined search for leaders in specialty sporting goods e-commerce with a minimum revenue of $5m.

With over 18 years of Internet retail experience, Summit Sports is an action sports retailer that owns and operates a number of retail stores and websites. It operates the following websites: www.skis.com, www.snowboards.com, www.inlineskates.com, www.wateroutfitters.com and www.campgear.com.

FinSMEs

13/03/2015

Join the discussion