Christy Sports LLC

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Christy Sports LLC - overview

Established

1958

Location

Lakewood, CO, US

Primary Industry

Retail

About

Based in the US, Christy Sports LLC operates a retail business specializing in winter sports gear, providing equipment and apparel for skiing and snowboarding enthusiasts. Christy Sports LLC was founded in 1958 and is headquartered in Lakewood, US. The company specializes in offering winter sports equipment and has undergone significant operational changes to enhance its service delivery. Eric Danks and Matt Gold currently serve as the CEOs.


In November 2019, TZP Group acquired Christy Sports LLC from Norwest Equity Partners, though the financial terms of the transaction were not disclosed. Christy Sports specializes in a wide range of winter sports gear, including skis, snowboards, and accessories, catering primarily to outdoor enthusiasts seeking equipment for skiing and snowboarding. The company’s core offerings encompass daily and seasonal rentals of ski and snowboard equipment, alongside sales of essential apparel and accessories such as helmets, goggles, and winter clothing for men, women, and children. Christy Sports serves a diverse clientele that includes novice and experienced skiers and snowboarders, families, and outdoor adventure seekers, enhancing their experience on the slopes with high-quality gear and expert advice.


The products are available across various geographical markets, specifically targeting popular resort areas such as Breckenridge, Vail, and Park City, ensuring accessibility for consumers in key winter sports locations. Christy Sports generates revenue through multiple channels, including direct sales to consumers and rental transactions for skiing and snowboarding equipment. The business model includes a structure where customers can reserve gear either online or in-store, with transaction processes that facilitate both immediate purchases and long-term rentals. Pricing structures are designed to accommodate various customer needs, with competitive rates for individual purchases and attractive deals for rental packages, promoting customer retention and repeat business.


The company also implements a price match guarantee, which encourages consumer confidence in their pricing strategy. This multifaceted approach allows Christy Sports to maintain a strong presence in the winter sports market, focusing on customer satisfaction and community support through active engagement with local events and organizations. Christy Sports plans to enhance its product offerings with new designs and launches scheduled in the upcoming seasons. The company is targeting expansion into additional geographical regions, focusing on markets beyond its current operations by the end of 2023.


The recent acquisition by TZP Group in November 2019 is expected to support these initiatives, allowing Christy Sports to leverage increased resources for growth and market penetration.


Current Investors

Primary Industry

Retail

Sub Industries

Recreational Hobbies & Sporting Goods, Clothing Stores, Recreational Product Stores

Website

www.christysports.com

Verticals

E-commerce

Company Stage

Mature

Total Amount Raised

Subscriber access only

Christy Sports LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGrizzly Outfitters, Inc.-
Secondary BuyoutCompletedChristy Sports LLC-
Add-onCompletedLeisure Living, Inc. -
Add-onCompletedBoot Doctors, Inc.-
Add-onCompletedDual Sports, Inc.-

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