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CCMP's Badger win may bode well for rivals

Aug 30, 2016 - The Deal Pipeline

CCMP Capital Advisors LP was able to wrestle family-owned Badger Sportswear Inc. from other financial sponsors after a competitive, 180-day auction process dominated by financial sponsors, The Deal has learned.

New York private equity firm CCMP said on Aug. 23 that it will acquire the Statesville, N.C.-based maker of team uniforms, performance athletic wear and fan wear for an undisclosed sum, while the company's founders, Jerry and Bill Carr, will reinvest a significant portion of their e...