PURE HOCKEY ACQUIRES HOCKEY GIANT
Pure Hockey, LLC announced it has acquired all of the assets and ongoing business of California-based Sports Giant, LLC. Sports Giant includes ice hockey retailer Hockey Giant and online property HockeyGiant.com (among other online properties). HockeyGiant.com was one of the original online sellers of hockey gear and related product and remains among the largest online retailers.
Pure Hockey began discussions to acquire Sports Giant, LLC this past summer and with the acquisition, Pure Hockey strengthens its position as the largest ice hockey retailer in the US, operating 31 retail locations and multiple websites.
"This is a transformational acquisition for Pure Hockey; one which allows us to provide more value to our customers and increases our presence in some excellent hockey markets," said David Nectow, President of Pure Hockey parent company TSG Enterprises, LLC. "It also allows us to better compete in an evolving competitive environment. We are beyond excited to introduce ourselves to all of the valued Hockey Giant customers in the U.S.A."
In conjunction with the acquisition of Hockey Giant, Pure Hockey has also announced the relocation of its Corporate Headquarters to a 345,000 square foot building in Holliston, Mass. According to Nectow, the move to the state-of-the-art office and distribution facility will accomodate the Company's plans for current and future growth.
Pure Hockey is in its 21st year of business, with 22 store locations in seven states (Massachusetts, New Hampshire, Connecticut, New Jersey, New York, Rhode Island and Pennsylvania) and its online properties at www.purehockey.com and www.puregoalie.com. Pure Hockey also owns and operates ComLax, a 22-store retail chain which sells lacrosse equipment, and the online property www.comlax.com.
Hockey Giant was founded in 1999 and is a specialty multi-channel retailer of equipment for ice hockey and lacrosse. Hockey Giant is the main operating division of SportsGiant, with nine hockey stores in seven U.S. states (California, Wisconsin, Texas, Pennsylvania, Virginia, New York and New Jersey). Its primary online business is www.hockeygiant.com.