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Escalade, Incorporated (NASDAQ:ESCA) – Escalade Acquires Brunswick Billiards Business For Undisclosed Sum


Escalade Acquires Brunswick Billiards Business For Undisclosed Sum

  • Escalade Inc (NASDAQ: ESCA) has agreed to buy the property of the Brunswick Billiards enterprise from Life Health LLC, a portfolio firm of KPS Capital Companions LP. The monetary particulars of the transaction weren’t disclosed.
  • Brunswick Billiards is a supplier of billiards tables, sport tables, and sport room furnishings within the U.S.
  • Escalade expects the acquisition to broaden its attain into the billiards and indoor recreation markets.
  • Brunswick Billiards will proceed to be primarily based in Bristol, Wisconsin, and led by John Kazik, Basic Supervisor, and his administration group.
  • Escalade expects the deal to shut in January 2022. It held $6.5 million in money and equivalents as of October 2, 2021.
  • Value Motion: ESCA shares closed greater by 0.89% at $15.79 on Friday.

 

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