St. Cloud Capital has provided an undisclosed investment in Bravo Sports. Based in Santa Fe Springs, California, Bravo Sports is a provider of sporting goods and outdoor products.
LOS ANGELES, CA (June 10, 2015) – St. Cloud Capital is pleased to announce an investment in Santa Fe Springs, CA-based Bravo Sports. It is the second investment from St. Cloud’s third investment fund.
Founded in 1965, Bravo Sports is a market leader in the sporting goods and outdoor categories. Bravo provides branded consumer products such as scooters, skateboards, skates and canopies to a blue-chip customer base across mass merchant, sporting goods and big box retailers.
The Company has combined product development expertise, strategic sourcing capabilities and decades of retail distribution experience to create a scalable business producing value-oriented, high quality consumer products. The Company has over 100 employees with offices in the U.S., Europe and Asia.
St. Cloud’s investment will support the acquisition and combination of Bravo Sports and ONE Industries, an existing action sports portfolio company of Los Angeles, CA-based private equity firm, Transom Capital Group.
“We look forward to building the Bravo Sports platform with St. Cloud as our partners,” said Transom Managing Director Russ Roenick. “They’ve shown us their ability to structure a creative financing solution.”
St. Cloud Capital Managing Partner Ben Hom commented, “Bravo is a solid consumer products platform. We believe its leadership positions in the sporting goods and outdoor segments, matched with strong brands and great products, will create significant growth opportunities for the platform.”
For more information about Bravo Sports, please visit http://www.bravosportscorp.com.
About St. Cloud Capital
St. Cloud Capital, LLC is a Los Angeles, CA-based private investment firm that provides growth capital to the lower middle market (companies with annual revenues generally between $10 million and $150 million) throughout the United States. St. Cloud typically invests $5 million – $15 million in companies across a wide range of industries in every layer of the capital structure, including senior secured debt, subordinated debt, and preferred and common stock. St. Cloud’s investment discipline includes non-control and control investments, and involves partnering with strong management teams or experienced industry entrepreneurs. For more information about St. Cloud Capital, please visit www.stcloudcapital.com.