Livingstone’s Consumer sector team has advised Maurice Sporting Goods on its acquisition by Middleton Partners. The sale was consummated pursuant to §363 of Chapter 11 of the United States Bankruptcy Code. Livingstone acted as the financial adviser to Maurice Sporting Goods.
Founded in 1923 in Chicago, IL, Maurice Sporting Goods has grown to become one of North America’s largest distributors of outdoor sporting goods in the fishing, hunting, outdoor recreation, marine, and outdoor gift categories, serving mass retailers and independent dealers throughout the United States and other international markets. Maurice also operates a portfolio of sourcing and manufacturing companies including recognizable brands such as Shoreline Marine, South Bend Fishing Tackle, Rivers Edge Outdoor themed gift products, Danielson and Matzuo fishing products.
The completion of this transaction reinforces Livingstone’s credentials in representing family-owned companies following the sale of HomeWatch Caregivers to Authority Brands, a portfolio company of PNC Riverarch Capital, Tennessee Valley Recycling’s acquisition by SA Recycling and the sale of Apache to Motion Industries.