Reichmann Segal Capital Partners, a private equity firm based in Toronto, has announced the acquisition of Athletica Sport Systems Inc., a global leader in dasher board manufacturing and sports infrastructure systems and services. Athletica is renowned as the preferred supplier of rink equipment to both the National Hockey League and the American Hockey League. The acquisition will see Athletica’s CEO, Andrew McRae, continuing to lead the company alongside its outstanding management team. The transaction details remain undisclosed.
“We are excited about acquiring Athletica,” stated Charles Reichmann, Co-Founder and Managing Partner at Reichmann Segal. “Athletica’s dedication to excellence and its leading position in the industry aligns perfectly with our investment strategy. We are eager to support the company’s ongoing growth and development.”
Athletica is a global leader in designing, innovating, engineering, and manufacturing dasher board systems for hockey at all levels, from community rinks to professional arenas across North America. Athletica stands out for its commitment to offering industry-leading products that enhance player safety and reduce risk and liability for rink owners and operators.
Andrew McRae, CEO of Athletica, expressed his enthusiasm about the new partnership: “Athletica, along with our subsidiaries Becker and Cascadia, is thrilled with this transaction and our new partnership with Reichmann Segal. Reichmann Segal and their legacy businesses have a strong track record of creating value by helping companies like ours achieve strategic goals. We look forward to collaborating with Charles and Jarrad to drive Athletica’s next phase of growth into new areas and markets.”
Jarrad Segal, Co-Founder and Managing Partner at Reichmann Segal, added, “Athletica is a standout in North American manufacturing. Andrew and his team have built an exceptional, industry-leading organization, and we are very optimistic about the company’s future.”
Athletica will maintain its current brand and management team, ensuring a smooth transition for customers and employees. Reichmann Segal intends to invest in new product development and expansion initiatives to bolster Athletica’s market position further.
