Squire Patton Boggs advised long-time client Fox Factory, a leader in designing, developing, and manufacturing world-renowned performance products, in the signing of a definitive agreement to acquire Wheelhouse Holdings, Inc., the parent company of Marucci Sports, LLC, an American sports equipment manufacturer that specializes in handcrafted baseball bats, from Compass Diversified and certain other sellers.
The purchase price for the transaction, which is subject to customary adjustments, is based on an enterprise value of $572.0 million. The acquisition of Marucci combines two high performance cultures, industry-leading brands and product portfolios that expand FOX’s enthusiast offering.
The Squire Patton Boggs team advising Fox Factor was led by Evan Toebbe, with Mike Trivisonno, Laura Aber, Brad Thompson, and Alex Al-Doory.