Transom Capital Completes Acquisition of Bravo Sports Corp.

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Santa Fe Springs, CA (June 11, 2015) – Los Angeles-based private equity firm, Transom Capital Group, announced today that it has acquired Bravo Sports Corp., a leading action sports company in the skateboard, scooter, skates and instant canopy spaces.

With global manufacturing capabilities, Bravo Sports is able to provide these premium recreational and sporting goods at key retail price points. The transaction will enable Bravo Sports to expand its position as the market leader in these categories.

“Bravo Sports offers us a unique and exciting opportunity to acquire an outstanding company and collection of leading brands that will benefit from the strategic and operational support of Transom Capital Group while continuing to provide customers with new and innovative products,” said Russ Roenick, Co-Founder and Managing Director of Transom Capital.

“We are thrilled that Transom Capital acquired Bravo Sports,” said Leonardo Pais, Chief Executive Officer of Bravo Sports. “Transom Capital’s involvement will enhance our ability to introduce new products and achieve new milestones.”

Ken Firtel, Co-Founder and Managing Director at Transom Capital, added “The Bravo Sports transaction leverages Transom Capital’s investment strategy and experience with consumer brands. We’re excited to execute our operationally focused private equity strategy and work with the management team to lead the company into the future.”

Terms of the transaction were not disclosed. Financing for the transaction was provided by JP Morgan Chase Bank and St. Cloud Capital. Imperial Capital acted as the exclusive financial advisor to Bravo Sports in the transaction.

About Transom Capital Group

Transom Capital Group is a Los Angeles-based private equity firm with an operational focus to private equity investing in the middle-market. The Transom Capital team has a proven track record of investing in and growing businesses for the long-term. Key to its success is its approach of heavy operational involvement via its proprietary ARMOR℠ value creation process (Acquisition, Restructuring, Monitoring & Operations, and Return) that helps unlock intrinsic value at its companies. Visit the company at www.transomcapital.com.

About Bravo Sports

Bravo Sports is a leading action sports business offering highly branded, recreational consumer products. The Company has leading market positions across a broad array of product categories in the outdoor recreational and sporting goods industries, including instant canopies, skateboards, scooters, skates, and related products and accessories. Visit the company at www.bravosportscorp.com.