Maverik Lacrosse

Last updated
Maverik Lacrosse, Inc.
Company type Subsidiary
Industry Sporting goods
Founded2005
Founders John Gagliardi and Jay Jalbert
Headquarters New York City, New York
Area served
 United States
Products Apparel, Sports equipment
Parent Bauer Performance Sports Ltd. [1] [2]
Website cascademaverik.com

Maverik Lacrosse manufactures lacrosse equipment and apparel, based in New York City. The company was founded by professional lacrosse players John Gagliardi and Jay Jalbert.

Contents

Maverik Lacrosse was acquired on June 3, 2010, by Private Equity group Kohlberg & Co. for an undisclosed sum. [3]

History

Maverick was founded in 2005 by professional lacrosse player John Gagliardi. [4]

In 2010, Kohlberg Sports Group brought Maverik, Bauer, and Mission Roller Hockey together as one entity under the name, Bauer Performance Sports Ld. [5] In January 2011, Bauer Performance Sports Ltd went public. [5]

In October 2016, Performance Sports Group filed for bankruptcy. In January 2017, PSG reached an agreement with Sagard Capital Partners and Fairfax Financial Holdings Ltd to sell its assets for $575 million, including Maverik. [6]

Partnership

In 2020, Maverik teamed up with the US Lacrosse and the National Teams Program to offer gear to athletes. [7] The company has also joined the University of Maryland, College Park men's lacrosse team. [8] [9]

References

  1. ↑ "Our Brands - Bauer official website". Archived from the original on 2012-05-13. Retrieved 2012-05-28.
  2. ↑ Maverik info at Bloomberg Businessweek
  3. ↑ "UPDATE 1-Kohlberg & Co unit buys lacrosse gear company". reuters.com. June 3, 2010. Retrieved February 7, 2019.
  4. ↑ "Maverik Lacrosse Acquired by Bauer Hockey's P.E. Parent | SGB Media Online". sgbonline.com. Retrieved 2025-01-06.
  5. 1 2 Brunelle, Jeff (2011-01-29). "Industry Scoop: Maverik Lacrosse Goes Public". Lacrosse All Stars. Retrieved 2025-01-06.
  6. ↑ Sarah Chaney, "Performance Sports Cancels Auction to Pursue $575 Million Sale," Wall Street Journal, (27 January 2017).
  7. ↑ "U.S. Lacrosse Reaches Deal With Cascade Maverik Lacrosse". forbes. 7 February 2020. Retrieved 21 November 2020.
  8. ↑ Wilen, Holden (14 July 2020). "University of Maryland signs with new lax equipment supplier after Under Armour's exit". bizjournals. Retrieved 21 November 2020.
  9. ↑ "Maryland Lacrosse Announces Partnership with Maverik Lacrosse". umterps. 2 November 2020. Retrieved 21 November 2020.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.