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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.

USB products are sold by leading retailers in more than 65 countries, including sporting goods, specialty stores and e-commerce retail channels. Endurance.biz