Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE CriticalPoint Capital
LOS ANGELES, Sept. 25, 2013 /PRNewswire/ -- CriticalPoint Capital, the investment affiliate of CriticalPoint Partners, announced today that it has acquired Organized SportsWear, LLC.
Organized SportsWear manufactures physical education uniforms with customized silk screen printing and embroidery, and is a leading provider of PE Wear, Spirit Wear, Staff Wear, and Uniforms to public and private Middle Schools, High Schools and Athletic Programs.
"We are thrilled to acquire Organized SportsWear," stated Matt Young, Founder and CEO of CriticalPoint. "Rick and Karen Johnson have done an exceptional job managing the company since founding it in 1988. Our goal is to build upon the solid foundation they have established while maintaining the same high levels of quality and customer service."
"After a careful search, we selected CriticalPoint as the optimal group to assume ownership," said Rick and Karen Johnson, the previous owners of Organized SportsWear. "CriticalPoint embodies the business philosophies we have followed with our customers, vendors and employees, and we have confidence in their commitment to continue producing high quality products with first class customer service." The Johnsons chose to sell the business upon Rick's decision to retire after building and operating this trusted brand for over two decades.
Leading the transaction for CriticalPoint were Matt Young, and Executive Vice President, Brad Holtmeier. This marks the first acquisition for CriticalPoint since its founding in early 2013.
About CriticalPoint Capital:
CriticalPoint Capital seeks opportunities to invest in companies with long-term value creation potential or in situations that require a seamless ownership transition. CPC provides flexible capital to companies that can be structured as an acquisition, recapitalization, growth capital, or rescue financing.
About CriticalPoint Partners:
CriticalPoint Partners is a business advisory firm, headquartered in Los Angeles, focused on sourcing, negotiating and executing a range of outsourced corporate finance solutions to enhance shareholder value. CriticalPoint Partners builds customer-centric, long-term partnerships with our representative clients to create strong relationships that span the course of multiple transactions.
©2012 PR Newswire. All Rights Reserved.