Escalade Acquires Brunswick Billiards Business For Undisclosed Sum

by Shivani Kumaresan, Benzinga Staff Writer

January 3, 2022 6:35 AM | 1 min read |

Escalade Inc ESCA has agreed to purchase the assets of the Brunswick Billiards business from Life Fitness LLC, a portfolio company of KPS Capital Partners LP. The financial details of the transaction were not disclosed.
Brunswick Billiards is a provider of billiards tables, game tables, and game room furniture in the U.S.
Escalade expects the acquisition to expand its reach into the billiards and indoor recreation markets.
Brunswick Billiards will continue to be based in Bristol, Wisconsin, and led by John Kazik, General Manager, and his management team.
Escalade expects the deal to close in January 2022. It held $6.5 million in cash and equivalents as of October 2, 2021.
Price Action: ESCA shares closed higher by 0.89% at $15.79 on Friday.

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