M&A Deal Summary

Amer Sports Acquires Sports Tracking Technologies

On May 4, 2015, Amer Sports acquired internet software and services company Sports Tracking Technologies

Acquisition Highlights
  • This is Amer Sports’ 1st transaction in the Internet Software and Services sector.
  • This is Amer Sports’ 2nd transaction in Finland.

M&A Deal Summary

Date 2015-05-04
Target Sports Tracking Technologies
Sector Internet Software and Services
Buyer(s) Amer Sports
Deal Type Add-on Acquisition

Target

Sports Tracking Technologies

Helsinki, Finland
Sports Tracking Technologies Ltd. is a digital sports application and online service provider.

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Buyer(S) 1

Buyer

Amer Sports

Helsinki, Finland

Category Company
Founded 1950
Sector Consumer Products
Revenue 4.4B USD (2023)
DESCRIPTION

Amer Sports is a sporting goods company with recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Mavic, Suunto, and Precor. The company's technically advanced sports equipment, footwear, and apparel improve performance and increase the enjoyment of sports and outdoor activities. Amer Sports was formed in 1950 and is based in Helsinki, Finland.


DEAL STATS #
Overall 8 of 11
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 5 of 7
Country (Finland) 2 of 2
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-16 Nikita ehf

Reykjavik, Iceland

Nikita was born with a few handmade items based out of Iceland in the late 1990s as an original female-specific brand in the male-dominated world of action sports, and has since become one of the most popular brands for action-seeking girls. Drawing its inspiration from the boardsports lifestyle, combined with an affinity for design, Nikita is well known for its unique perspective, and for connecting like-minded, spirited and creative girls across the world. Collections in streetwear, outerwear and swimwear provide this contrast of style and function—fit for purpose and made for girls, by girls.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-20 Nikita ehf

Reykjavik, Iceland

Nikita was born with a few handmade items based out of Iceland in the late 1990s as an original female-specific brand in the male-dominated world of action sports, and has since become one of the most popular brands for action-seeking girls. Drawing its inspiration from the boardsports lifestyle, combined with an affinity for design, Nikita is well known for its unique perspective, and for connecting like-minded, spirited and creative girls across the world. Collections in streetwear, outerwear and swimwear provide this contrast of style and function—fit for purpose and made for girls, by girls.

Sell -