fashion

JackRabbit acquires sports retailer chain Olympia Sports


New York – U.S. fashion retailer JackRabbit has announced it has
acquired retail sporting goods company Olympia Sports.

JackRabbit, part of CriticalPoint Capital (CPC) portfolio, has secured a
deal that covered certain assets and liabilities, including the online
presence and the Olympia Sports brand.

According to CPC partner Brad Holtmeier, the deal allows JackRabbit to
expand its footprint and product categories into the athletic goods market.
The acquisition will expand the company’s store network to 135
brick-and-mortar stores.

“This acquisition continues JackRabbit’s expansion and commitment to
providing the most complete, high-performance product offerings, services,
and experiences to the active lifestyle fan across all markets and
channels. Additionally, we will continue to operate the acquired stores
under the Olympia Sports banner,” said JackRabbit CEO Bill Kirkendall.

It’s worth recalling that in May last year, JackRabbit completed the
acquisition of Clever Training, an online retailer of fitness gear and
technology.



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