Maverik Lacrosse

Maverik Lacrosse manufactures lacrosse equipment and apparel, based in New York City. The company was founded by professional lacrosse players John Gagliardi and Jay Jalbert.

Maverik Lacrosse was acquired on June 3, 2010, by Private Equity group Kohlberg & Co. for an undisclosed sum.[3]

History

Maverick was founded in 2005 by professional lacrosse player John Gagliardi.[4]

In 2010, Kohlberg Sports Group brought Maverik, Bauer, and Mission Roller Hockey together as one entity under the name, Bauer Performance Sports Ld.[5] In January 2011, Bauer Performance Sports Ltd went public.[5]

In October 2016, Performance Sports Group filed for bankruptcy. In January 2017, PSG reached an agreement with Sagard Capital Partners and Fairfax Financial Holdings Ltd to sell its assets for $575 million, including Maverik.[6]

Partnership

In 2020, Maverik teamed up with the US Lacrosse and the National Teams Program to offer gear to athletes.[7] The company has also joined the University of Maryland, College Park men's lacrosse team.[8][9]

References

  1. Our Brands - Bauer official website retrieved 2012-05-28^
  2. Maverik info at Bloomberg Businessweek^
  3. UPDATE 1-Kohlberg & Co unit buys lacrosse gear company reuters.com, June 3, 2010, retrieved February 7, 2019^
  4. Maverik Lacrosse Acquired by Bauer Hockey’s P.E. Parent sgbonline.com, retrieved 2025-01-06^
  5. Jeff Brunelle. Industry Scoop: Maverik Lacrosse Goes Public Lacrosse All Stars, 2011-01-29, retrieved 2025-01-06^
  6. Sarah Chaney, "Performance Sports Cancels Auction to Pursue $575 Million Sale," Wall Street Journal, (27 January 2017).^
  7. U.S. Lacrosse Reaches Deal With Cascade Maverik Lacrosse forbes, 7 February 2020, retrieved 21 November 2020^
  8. Holden Wilen. University of Maryland signs with new lax equipment supplier after Under Armour's exit bizjournals, 14 July 2020, retrieved 21 November 2020^
  9. Maryland Lacrosse Announces Partnership with Maverik Lacrosse umterps, 2 November 2020, retrieved 21 November 2020^