Bravo Sports, a portfolio company of Transom Capital Group, acquires Dwindle Distribution

Ashley Souvenir Announcements

EL SEGUNDO AND SANTA FE SPRINGS, CA. – August 28, 2019 – Transom Bravo Holdings (“Bravo Sports”), a portfolio company of Transom Capital Group (“Transom”), today announced it has acquired Dwindle Distribution (“Dwindle”) from Globe International. Bravo Sports is a market leader in action sports with strong sales relationships and a deep portfolio of products in the scooter, skateboard, protective, ride-on and skate segments. Bravo Sports is a market leader in mass, sporting goods, and specialty retailers with brands including Kryptonics, Pulse Performance Products, Circle Society, Sector 9, Pro-tec, Nutcase and SixSixOne to go along with industry leading license partners like Nickelodeon, Disney, Universal and Vision.

Dwindle is a premium skateboard designer, manufacturer and distributor that owns iconic brands such as Almost, Blind, Darkstar, Dusters, Enjoi, Speed Demons, Superior, and Tensor Trucks. Dwindle also includes Douglas Street Manufacturing (DSM), an OEM business for leading skateboard brands.

James Oh, a partner at Transom said, “We are thrilled to add Dwindle Distribution to our Bravo Sports investment platform. Being a leader in the skateboard category in mass and specialty distribution channels and augmenting our brand portfolio towards the premium part of the market is exciting. Furthermore, we believe that this acquisition clearly makes Bravo Sports an industry leader.”

“I am very excited to welcome the Dwindle portfolio of brands to the Bravo Sports family. Dwindle, as a leading premium skateboard company, will be integrated into Bravo’s specialty division, Highline Industries. Highline also includes leading skateboarding specialty brands, Sector 9 and Pro-tec. Together, these highly complementary brands make Highline a market leader that is poised to capitalize on the resurgence of the skateboard category.” said Nick Schultz, President of Bravo Sports.

Russ, August, and Kabat LLP acted as corporate legal advisor to Transom. D.A. Davidson acted as financial advisor and Buchalter & Nemer LLP acted as legal advisor to Globe International.

About Transom Capital Group

Transom (www.transomcap.com) is a leading operations-focused private equity firm in the middle market with more than $500M in assets under management. The firm’s functional pattern recognition, access to capital, and proven ARMOR Value Creation Process combine with management’s industry expertise to create improved operational efficiency, significant top-line growth, cultural transformation and overall distinctive outcomes. Transom is headquartered in Los Angeles, California.

About Bravo Sports

Bravo Sports (“Bravo” or the “Company”) is a market leader in the action sports category, including the scooter, skateboard, protective, ride-on and skate segments, with strong sales relationships and a deep portfolio of products. The Company maintains the leading market position and strong placement in global mass, sporting goods and specialty retail channels.