Marucci Sports has secured an undisclosed investment from Envisage Equity. R2F Investment Bankers advised Envisage Equity on the transaction. Based in Baton Rouge, Lousiana, Marucci is a maker of baseball bats and gear.
LOS ANGELES, June 27, 2014 /PRNewswire/ — R2F Investment Bankers, LLC (“R2F”) is pleased to announce the investment by Envisage Equity, LLC (“Envisage Equity”) in Marucci Sports, LLC (“Marucci”). R2F served as strategic advisor to Envisage Equity.
Baton Rouge, Louisiana, based Marucci is a manufacturer of elite baseball bats and gear for the most devoted pro, college and little league baseball players. It was founded in 2002 by the Louisiana State University athletic training director Jack Marucci and is currently the number one bat in Major League Baseball. In 2009, Reed Dickens, former White House Assistant Press Secretary to President George W. Bush, invested in Marucci and served as its CEO until 2012, and continues to serve as Chairman of the Board. As part of its growth strategy, Marucci just added five new independent directors to the Board, Jim Burke, CEO of TXU Energy; Willie Robertson, CEO of Duck Commander; Jose Bautista, All-Star Outfielder for the Toronto Blue Jays; Ryan Stromsborg, Co-Founder and Managing Partner of Parq Advisors; and Ben Bordelon, COO of Bollinger Shipyards.
Envisage Equity is an operationally focused growth equity private equity firm. Envisage Equity partners with middle market entrepreneurs who are looking to significantly expand their businesses. Envisage Equity takes both control and non-control positions in companies with at least $3 million in EBITDA. Envisage Equity has operating partners and experience in aerospace, defense, manufacturing, technology, clean technology, gaming, consumer products and healthcare.
About R2F Investment Bankers, LLC
R2F Investment Bankers is a boutique investment banking firm dedicated to meeting the needs of middle-market companies. We provide clients with comprehensive banking services including merger & acquisition advisory, private placements of debt and equity, and strategic consulting. Our team strives to maximize the value of our clients’ businesses while providing dependable and unbiased advice. The industries we have experience with include business services, consumer products, gaming & leisure, technology, Hispanic owned or oriented businesses, health & wellness, industrial safety, lodging & hospitality, maritime, pedestrian traffic controls and printing.
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