Riddell, a Des Plaines, IL-based company which specilaizes in football helmet technology and innovation, acquired Simbex, a product design and development firm.
The amount of the deal was not disclosed.
With the acquisition, Riddell will further elevate its position at the forefront of sports technology.
Led by CEO Greg Lange, Simbex is a product design, development, and commercialization consulting firm with over 20 years of experience in the SportsTech, MedTech, and HealthTech markets. As a player in the development of health technology, it brings together a diverse team of engineers with knowledge of product development, engineering, artificial intelligence, and analytics for tackling complex ideas and creating commercially successful products while leveraging its expertise in regulatory strategy, reimbursement, and commercialization strategy to ensure new technologies are commercially successful.
Riddell is a leader in football head protection and protective athletic equipment. It offers reconditioning services to help ensure athletes have access to clean, sanitized, and recertified equipment. Off the field, the company operates a licensed football collectibles business for fans of the NFL.
FinSMEs
05/04/2024