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  6. Momentec Brands Acquires Founder Sport Group

M&A Deal Summary

Momentec Brands Acquires Founder Sport Group

On March 29, 2024, Momentec Brands acquired apparel/textiles company Founder Sport Group

Acquisition Highlights
  • This is Momentec Brands’ 2nd transaction in the Apparel/Textiles sector.
  • This is Momentec Brands’ 2nd transaction in the United States.
  • This is Momentec Brands’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-03-29
Target Founder Sport Group
Sector Apparel/Textiles
Buyer(s) Momentec Brands
Deal Type Merger

Target

Founder Sport Group

Statesville, North Carolina, United States
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.

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Buyer(S) 1

Buyer

Momentec Brands

Charlotte, North Carolina, United States
Category Company
Sector Apparel/Textiles
DESCRIPTION

Momentec Brands is a designer, manufacturer, and marketer of customizable high-performance uniforms, training apparel, and fanwear for teams, coaches, athletes, and fans. Momentec Brands is based in Charlotte, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 2 of 2
Type: Merger M&A Deals 2 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-29 ASB

Grovetown, Georgia, United States

ASB is a designer, manufacturer, and distributor of athletic-oriented apparel, team uniforms, sportswear and related accessories. ASB was founded in 1977 and is based in Grovetown, Georgia.

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