ROTH acts as Co-Manager for Performance Sports Group in its $126.5M U.S. IPO

Transaction Information

On June 25, 2014, Performance Sports Group Ltd. announced the completion of an underwritten public offering in the United States and Canada of 8,161,291 shares of its common stock at a price of US$15.50 per share for gross proceeds of approximately US$126.5 million, including the fully exercised over-allotment option. The common shares are now dual listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “PSG.”

The Company will use the net proceeds of the Offering to reduce leverage and repay approximately US$119.5million of the Company’s term loan facility which was used to finance the Company’s recent acquisition of Easton Baseball/Softball.

ROTH Capital Partners, LLC acted as co-manager for the offering.

On June 17, 2014, as previously announced, the Company changed its name from “Bauer Performance Sports Ltd.” to “Performance Sports Group Ltd.” to better reflect the growth of the Company with its recent strategic acquisitions and expansion into new high performance sports. The Company’s brands, including BAUER, MISSION, MAVERIK, CASCADE, INARIA, COMBAT and EASTON, continue to be consumer-facing brands in their respective sports. (Source: Press Release Jun 19, 2014)

 
Client Information

Performance Sports Group Ltd. is a leading developer and manufacturer of ice hockey, roller hockey, lacrosse, baseball and softball sports equipment, as well as related apparel. The Company has the most recognized and strongest brands in ice hockey, roller hockey, baseball and softball, and holds top market share positions in these sports. Its products are marketed under the BAUER, MISSION, MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are distributed by sales representatives and independent distributors throughout the world. The Company is focused on building its leadership position by growing market share in all product categories and pursuing strategic acquisitions. (Source: Press Release Jun 25, 2014)

 
ROTH Capital Partners

ROTH Capital Partners, LLC, is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit www.roth.com.