SEATTLE--(BUSINESS WIRE)--D.A. Davidson & Co., a full-service investment firm with a nationwide investment banking practice, served as exclusive financial advisor to NATHAN Sports, the Running Essentials™ market leader in athletic hydration, visibility and performance gear, in its sale to United Sports Brands, a global leader in sports performance and protective products designed to help athletes perform at their personal best. NATHAN Sports is based in Sharon Hill, PA, and United Sports Brands is headquartered in Minnesota and California.
“This will enable Nathan to continue the relentless pursuit of innovation while better serving its athletes and customers around the globe," said Jon Reichlin, Principal Owner and Chairman of NATHAN Sports. “Mike Smith and the team at D.A. Davidson did a great job supporting and bringing this transaction to fruition.”
“We are privileged to have served as the exclusive financial advisor to NATHAN Sports in its sale to United Sports Brands” said Mike Smith, managing director at D.A. Davidson. “This transaction enables new market opportunities for NATHAN products, a bright future for the brand, and is an exciting development in the performance running industry.”
Since the start of 2014, the Seattle-based D.A. Davidson investment bankers who focus on the active lifestyle consumer sector have advised on eight completed M&A transactions and five capital raises.
About D.A. Davidson & Co.
D.A. Davidson is a full-service investment firm with operations throughout the country. D.A. Davidson’s Equity Capital Markets Group offers a full suite of investment services and products, including investment banking, institutional sales, trading, research and corporate services. D.A. Davidson’s investment banking team provides merger and acquisition services, strategic advisory and access to public and private capital markets. In addition, the firm’s industry-driven research team offers award-winning research and is supported by a dedicated group of sales and trading professionals.
The Equity Capital Markets Group is based in Portland, Ore., and operates from offices in Baltimore; Boston; Chicago; Denver; Great Falls, Mont.; Minneapolis; New York; Orange County, Calif.; Salt Lake City; and Seattle.
D.A. Davidson is one of four firms within D.A. Davidson Companies, an employee-owned financial services company celebrating its 80th year in business.
