M&A Deal Summary

Founder Sport Group Acquires Teamwork Athletic Apparel

On September 19, 2018, Founder Sport Group acquired apparel/textiles company Teamwork Athletic Apparel

Acquisition Highlights
  • This is Founder Sport Group’s 3rd transaction in the Apparel/Textiles sector.
  • This is Founder Sport Group’s 3rd transaction in the United States.
  • This is Founder Sport Group’s 1st transaction in California.

M&A Deal Summary

Date 2018-09-19
Target Teamwork Athletic Apparel
Sector Apparel/Textiles
Buyer(s) Founder Sport Group
Deal Type Add-on Acquisition

Target

Teamwork Athletic Apparel

San Marcos, California, United States
Teamwork Athletic Apparel is an on-demand apparel manufacturing company serving team uniform dealers and decorators with a variety of stock, sublimated and licensed apparel. Teamwork Athletic Apparel is based in San Marcos, California.

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Buyer(S) 1

Buyer

Founder Sport Group

Statesville, North Carolina, United States

Category Company
Founded 1971
Sector Apparel/Textiles
DESCRIPTION

Founder Sport Group is a provider of team uniforms and performance athletic wear, including performance t-shirts, fleeces, shorts, pants and outerwear, worn by youth and adult athletes, team fans and supporters, and corporate employees, among other individuals. Founder Sport Group was founded in 1971 and is based in Statesville, North Carolina.


DEAL STATS #
Overall 3 of 3
Sector: Apparel/Textiles M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-15 Garb Athletics

Spanish Fork, Utah, United States

Garb Athletics is a boutique manufacturer of custom-tailored sports uniforms. Garb is headquartered in Salt Lake City with a 275-employee manufacturing plant in the Philippines, where all of its uniforms are produced.

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