M&A Deal Summary

3STEP Sports Acquires FaR OUT

On August 31, 2022, 3STEP Sports acquired consumer services company FaR OUT

Acquisition Highlights
  • This is 3STEP Sports’ 6th transaction in the Consumer Services sector.
  • This is 3STEP Sports’ 9th transaction in the United States.
  • This is 3STEP Sports’ 1st transaction in Michigan.

M&A Deal Summary
Date 2022-08-31
Target FaR OUT
Sector Consumer Services
Buyer(s) 3STEP Sports
Deal Type Add-on Acquisition

Target

FaR OUT

Grand Rapids, Michigan, United States
FaR OUT is a non-profit volleyball club that strives to provide training for local athletes wanting to improve their volleyball skills.

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Buyer(S) 1

Buyer

3STEP Sports

Andover, Massachusetts, United States
Category Company
Founded 2016
Sector Consumer Services
DESCRIPTION

3STEP Sports is a premier, inspiring and authentic experience – dedicated to perfecting every aspect of the athlete funnel. The 3STEP reach spans 43 states and serves more than 3.2 million athletes across nine sports through industry-leading events, nationally spanning club programs, premier media content and more. 3STEP Sports was founded in 2016 and is based in Andover, Massaachusetts.

DEAL STATS #
Overall 9 of 18
Sector (Consumer Services) 6 of 11
Type (Add-on Acquisition) 9 of 18
State (Michigan) 1 of 2
Country (United States) 9 of 18
Year (2022) 9 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-29 Hoop Group

Neptune, New Jersey, United States

Hoop Group is an operator of a comprehensive basketball company dedicated to fulfilling the dreams of players, coaches, and parents by providing the best instruction, competition, and exposure . Hoop Group was founded in 1963 and is based in Neptune, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Patriot Lacrosse Club

Morristown, New Jersey, United States

Patriot Lacrosse Club is a youth training and development club. Patriot Lacrosse Club was founded in 1998 and is based in Morristown, New Jersey.

Buy -
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