Deal Details

CCM Is Acquired by Altor

Consumer

CCM, a portfolio company of Birch Hill, sale to Altor

Summary

CCM Hockey (“CCM” or the “Company”), a portfolio company of Birch Hill Equity Partners Management Inc. (“Birch Hill”), recently entered into a definitive agreement to be acquired by Altor Equity Partners (“Altor”). The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.

Baird served as financial advisor to CCM on this transaction.

About

Established in 1899, CCM is a global hockey brand with a rich history of equipping the best hockey players in the world for over a century. Today, CCM is a leading designer, manufacturer and marketer of high-performance hockey equipment, accessories, figure skates and apparel. CCM has a presence in more than 40 countries and is represented by many NHL and PWHL superstars such as Auston Matthews, Sidney Crosby, Connor McDavid, Thatcher Demko and Sarah Nurse. CCM has operations in Canada, the United States, Europe and Asia and is headquartered in Montreal, Canada.

Birch Hill is a Canadian mid-market private equity firm with a long history of driving growth in their portfolio companies and delivering returns to investors. The firm currently has $5 billion in capital under management. Since 1994, the firm has made 72 investments, with 57 fully realized. Today, Birch Hill’s 15 partner companies collectively represent one of Canada’s largest corporate entities with over $8 billion in total revenue and more than 40,000 employees. Birch Hill is headquartered in Toronto, Canada.

Since inception, the family of Altor funds has raised more than EUR 11 billion in total commitments. The funds have invested in just south of 100 companies. The investments have been made in medium-sized predominantly Nordic and DACH companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Marshall, Rossignol, Toteme, Helly Hansen and Revolutionrace. Altor is headquartered in Stockholm, Sweden.

Consumer

CCM, a portfolio company of Birch Hill, sale to Altor