Transom Capital Group, a Los Angeles-based private equity company, revealed that it has bought One Industries for an undisclosed price. One Industries is a San Diego-based manufacturer of protective gear that includes helmets and other items for mountain bicycle riders and the sport of motocross.
The deal should make it possible for One Industries to broaden its position in the sports sectors it currently sells into. The acquisition should also allow One Industries to continue enhancing its award winning products and solutions, a representative of the companies said.
One Industries products' are sold around the world through its online stores and a number of dealers.
Ken Firtel, managing director of Transom Capital, stated the One Industries brand has a good reputation for good quality in the industry and has significant room for growth.
Executives at One Industries said Transom was a perfect fit for the protective gear manufacturer. "They exhibited passion for the industry and quickly understood the key issues and dynamics that underlie the company's success," they said.
Serving as advisor to One Industries in the buyout was Partnership Capital Growth, a full-service investment bank.
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