|By PR Newswire||
|March 5, 2014 08:05 AM EST||
LOS ANGELES, March 5, 2014 /PRNewswire/ -- CriticalPoint Capital, the investment affiliate of CriticalPoint Partners, announced today that it has acquired My School Things, a leading provider of custom Spirit Wear, Physical Education Wear, Staff Wear, and Uniforms to public and private Middle Schools, High Schools and Athletic Programs. My School Things is the first add-on acquisition for CriticalPoint's portfolio company, Organized SportsWear.
"My School Things is the perfect complement to Organized SportsWear," stated Matt Young, Founder and CEO of CriticalPoint. "The acquisition brings the leading manufacturer of custom Spirit Wear to Organized SportsWear – the very best and most respected name in PE wear. We are setting a new industry standard for customer service, trend-setting artwork, high quality products, and unprecedented value for our customers."
"Matt and Mike Knox have done an exceptional job managing and growing My School Things since founding the company in 2003. They have been creative and innovative and we look forward to working with them in the future as the company grows."
"We're very excited to join Organized SportsWear and have CriticalPoint Capital as our ownership group," said Matt Knox, the previous owner of My School Things and current Executive Vice President of the combined company. "This transaction creates a market leader fulfilling all of the needs of our customer base."
Organized SportsWear and My School Things will continue to support the needs of our customers, providing them the convenience, value, and peace of mind, allowing them to focus on: teaching, coaching and creating an environment that promotes physical education and healthy living for their students.
The CriticalPoint investment team was led by Matt Young, and Executive Vice President, Brad Holtmeier. This marks the second acquisition for CriticalPoint Capital since its founding in early 2013.
About CriticalPoint Capital:
CriticalPoint Capital seeks opportunities to invest in companies with long-term value creation potential or circumstances that require an uneventful ownership transition. CPC provides flexible capital to companies that can be structured through any of the following means: acquisition, recapitalization, growth capital, or rescue financing.
About CriticalPoint Partners:
CriticalPoint Partners is a business advisory firm, headquartered in Los Angeles, focused on sourcing, negotiating and executing a range of outsourced corporate finance solutions to enhance shareholder value. CriticalPoint Partners builds customer-centric, long-term partnerships with our representative clients to create strong relationships that span the course of multiple transactions.
SOURCE CriticalPoint Capital