PEARL iZUMi and Nathan owner, United Sports Brands, acquired by Norwest Equity Partners

November 28, 2023

Norwest Equity Partners (NEP), a middle market investment platform founded in 1961, has acquired United Sports Brands (USB), which has a diverse portfolio of sporting goods and active lifestyle brands. The transaction closed on November 20, 2023, and financial terms were not disclosed.

United Sports Brands’ (USB’s) six brands are: PEARL iZUMI, performance apparel and footwear for cyclists; Nathan, running hydration, visibility, and performance gear; Glukos, natural energy products; Shock Doctor, mouthguards & protection; McDavid, performance and protective brand; and Cutters, football gloves and grip technology. Endurance Biz