Ccm Hockey Announces The Acquisition Of Its Base Layer License From Its Global Licensing Partner, Icon-Elite Group Inc.

Aug 23, 2021•almost 4 years ago

Acquiring Company

CCM Hockey

Acquired Company

Base Layer License

Description

Sport Maska Inc. ("CCM HOCKEY") announces the acquisition of its worldwide base layer license from its licensing partner Icon-Elite Group Inc. ("ICON-ELITE GROUP INC.") effective September 1 ,2021. This transaction will allow CCM HOCKEY to take on this important product category and continue to offer to its customers an ever-broader collection of innovative hockey equipment products.

Company Information

Company

CCM Hockey

About

Altor Fund VI is a private equity fund specializing in acquiring and partnering with companies to unlock their growth potential. The company has a track record of building world-class consumer brands and supporting them to realize their untapped potential.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Ccm Hockey Announces The Acquisition Of Its Base Layer License From Its Global Licensing Partner, Icon-Elite Group Inc.

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

M&A Insights

Company Information