Fulcrum Capital Partners Completes Sale of Athletica Sport Systems to Reichmann Segal Capital Partners
Fulcrum Capital Partners (“Fulcrum”) is pleased to announce the sale of Athletica Sport Systems Inc. (“Athletica”) to Reichmann Segal Capital Partners (“Reichmann Segal”).
Athletica, based in Waterloo, Ontario, is a leading designer, manufacturer, and installer of dasher board systems and sport infrastructure systems throughout North America. The company services hockey arenas and multi-sport athletic facilities in the professional, semi-pro and community end-markets. Athletica is the preferred rink equipment supplier to the National Hockey League and the American Hockey League.
Fulcrum invested in Athletica in April 2018. “The team at Athletica has done a fantastic job cementing its position as the world’s leading supplier of dasher boards and sport infrastructure products. Through the hard work of leadership and its dedicated workforce, Athletica has been able to accelerate growth through expanded product offerings and new end markets,” said Paul Eldridge, Partner at Fulcrum. “We would like to thank the Athletica team for their commitment to excellence during our partnership and wish them continued success with their new partner, Reichmann Segal.”
“As CEO, I extend my sincere thank you to Fulcrum for their strategic foresight and exceptional stewardship. Our partnership has been built on trust from day one and has fueled Athletica and our team to reach new heights in innovation and product breadth, while maintaining laser focus on customer service,” said Andrew McRae, CEO of Athletica. “This successful sale marks a new chapter for our company, and we are confident in our shared vision of growth with Reichmann Segal.”
ABOUT FULCRUM CAPITAL PARTNERS
Fulcrum is a private equity firm focused on making control investments in the Canadian lower middle market. Fulcrum is a first institutional capital investor and is focused on adding value in governance, talent, systems, strategy, and operations in each of its businesses. Over the last 20+ years, Fulcrum has invested nearly C$1 billion in 54 platform investments with 44 exits to date. Visit the Fulcrum website to learn more.