BANKRUPT WHOLESALER MAU­RICE ACQUIRED BY MIDD­LE­TON PARTNERS

Sportfishing Adventures - - News -

One of the big­gest fishing ta­ckle wholesaler in Ame­ri­ca, Mau­rice Spor­ting Goods, has found a part­ner to streng­then the com­pa­ny's ba­lance sheet. Af­ter fi­ling for ban­krupt­cy in De­la­ware on No­vem­ber 20, Mau­rice Spor­ting Goods rea­ched an agree­ment to sell it­self to Midd­le­ton Partners, a pri­vate in­vest­ment firm. With its fi­nan­cial chal­lenges being re­sol­ved, the com­pa­ny ex­pects to "re­claim its po­si­tion as the do­mi­nant spor­ting goods dis­tri­bu­tor in the na­tion” with in­vest­ments plan­ned to sup­port growth this year.

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