Senior Director, Financial Planning and Analysis at Peak Achievement Athletics Mont Vernon, New Hampshire, United States246 connections Join to connect Peak Achievement Athletics. Two months later, with its name changed to Performance Sports Group, it began selling shares on the New York Stock Exchange. Meaning, Easton is a leading non-wood bat company, and Rawlings is not. After his tenure with Bauer, Ed went on to serve as President and Chief Executive Officer of Flywheel Sports. Cons. I'm energized by the mission ahead - creating products that elevate our athletes performance, delighting our consumers, driving the success of our retail partners and creating a world-class company culture.". Paul Desmarais III, Chairman of Peak and Executive Chairman of Sagard Holdings, said: "We are excited to have Ed Kinnaly back home and ready to build upon the achievements of some of the most innovative and iconic brands in sports. We want to make sure that weve got customization options available, and merging the two companies together provides more opportunity to do that.. I would also like to see any agreement Ed Kinnaly signed upon his exit. Terms of the deal were not disclosed. Play has made a slow return with the MLB able to come back with a shortened season. ", Paul Rivett, President of Fairfax, said: "Ed is the right leader, given his prior long tenure with Bauer, to ensure that the culture of performance and innovation continues to grow and thrive. Designed by Elegant Themes | Powered by WordPress, Canada Goose Holdings Delivers 22 Percent Q4 Revenue Gain, Zumiez Beats Plan For Third Straight Quarter, Helly Hansen Recalls Workwear For Failing To Meet Flammability Standards, Johnson Outdoors Selling Eureka! We pivoted almost instantaneously to manufacture medical shields. Full-time. After his tenure with Bauer, Kinnaly went on to serve as president and chief executive officer of Flywheel Sports. Indianapolis, IN 46240. Rawlings and Easton are both All-Star companies. Thompson suspects retailers should be excited about the combined brands because it will enable each company to take advantage of each others expertise and to drive innovation. The Director will also be responsible for revenue cycle initiatives and standardization of new technology and operational functions. ", Paul Rivett, President of Fairfax, said: "We are delighted to have Tony returning to lead the company where he spent the formative years of his career working side-by-side with Easton's founder, Jim Easton. EXETER, NEW HAMPSHIRE-- (Marketwired - May 31, 2017) - Peak Achievement Athletics Inc. ("Peak" or the "Company") and its controlling shareholders, Sagard Holdings and Fairfax Financial ( FFH.TO. Claim your Free Employer Profile Website: Headquarters: Exeter, NH Size: 51 to 200 Employees Type: Company - Private Revenue: $5 to $25 million (USD) Competitors: Unknown Peak Achievement Athletics Reviews 5.0 100 % Recommend to a Friend 5.0 Current Employee, more than 5 years Peak Achievement Athletics . 99 jobs. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. It is unlikely that shareholders will receive any of that, although the bankruptcy court did recognize an equity committee. Kinnaly, who left the company in 2013 after allegedly criticizing management for misleading accounting practices, took charge of the company, which Thursday, months after private investors bought the formerly publicly traded sports equipment firm out of bankruptcy for $575 million in February. Ed is an experienced leader in the sports industry. Peak Achievement Athletics Overview Work Here? Invested in HR development and DEI. Glassdoor has 1 Peak Achievement Athletics reviews submitted anonymously by Peak Achievement Athletics employees. A search is currently nearing conclusion for a Chief Executive Officer for the Easton business, who will serve with Ed as Co-CEO of Peak. Sagard and Fairfax have determined that Easton should be operated on an independent decentralized basis. Having problems? Easton stands to benefit most from Rawlings close partnership with MLB. Said Thompson, He understands and knows the company very well, and he always knew it would be a good fit.. Our mission for creating innovative products will be supported by unique brand marketing that excites and interacts with consumers and our retail partners. The facility is over 23,500 square feet and is located south of Denver in the city of Highlands Ranch. The Rawlings and Easton merger will help the brands further invest to grow the game of baseball and softball, an initiative that will strengthen the industry overall and create opportunities for enhanced partnerships. Thompson said Zlakets connections with Peak Achievement Athletics management and its owners, as a result of the sale, helped support discussions, but his long experience with the Easton baseball and softball business was even more helpful in identifying synergies when combined. Thompson said talks about a potential acquisition have been ongoing for some time and Rawlings was pushing those discussions given the familiarity of Rawlings president and CEO, Mike Zlaket, with Easton. Peak Achievement Athletics Inc. is a company governing under the Canada Business Corporations Act - 11 October 2016 (Tuesday). The acquisition comes as Rawlings has been on a growth trajectory over the last five years and has been regularly hitting its revenue targets over that period of time. Bauer Hockey Ltd. C/O Dsv Solution. ", Ed Kinnaly said: "I'm thrilled to be back working with the teams at Bauer, Maverik and Cascade. A graduate of Babson College and a New England native, Ed resides in New Castle with his wife Karen and their two sons. He has served on several boards including the action sports apparel company, Volcom. But one dollar figure is specified. He said over 100 people work in New Hampshire, down from 130 when the company filed Chapter 11. (Opinion) NHs future: A retirement home staffed by robots. The successor company is called Peak Achievement Athletics. He said Rawlings adjusted its sales projections after the pandemic arrived and is exceeding the dimmed expectations as the business has rebounded faster than expected. All Rights Reserved. Existing shareholders in Peak Achievement Athletics will stay on as minority owners in the combined company. Many leagues that were canceled this past spring will likely use the uniforms and other gear they had bought for the 2020 season instead of purchasing new for 2021. Weekend availability +3. 8888 Keystone Crossing Suite 1150 Indianapolis, IN 46240. They are not trying to manage it quarter to quarter.. The brands under the Peak umbrella are truly world-class in their respective sports and I am honored to be joining such a special organization.". Performance Sports Group Ltd. sold substantially all of the assets of the company and its North American subsidiaries, including its European and global operations, to an acquisition vehicle co-owned by affiliates of Sagard Holdings Inc. and Fairfax Financial Holdings Ltd. On February 28,Performance Sports Group said a search for a permanent CEO was underway following the sale. The combined organization will be positioned to further invest in R&D to drive product innovation, offer a one-stop shopping experience, offer increased support for its retail partners, and expand customization options for players. The combination is expected to create a baseball and softball equipment provider with a more diverse multi-brand portfolio supported by a deeper pool of expertise and talent. 0. He said that PSG will discontinue the practice of opening its Own The Moment Bauer hockey stores, which prompted widespread criticism and a bit of rebellion among retailers who claimed they undercut their sales. Creditors of the former Performance Sports Group should be getting everything they are owed except interest, but shareholders? A Peak Achievement Athletics employee creating a face shield. Information about Peak's brands can be found at their individual sites at bauer.com, easton.com, cascadelacrosse.com and maveriklacrosse.com. ", Tony Palma said: "I am exciting to be coming home to Easton. Paul Desmarais III, Chairman of Peak and Executive Chairman of Sagard Holdings, said: "We are excited to have Ed Kinnaly back home and ready to build upon the achievements of some of the most innovative and iconic brands in sports. The studies showed the slickness of the ball was causing a lag factor, aiding to the record number of homers hit in 2018 and 2019 at both the Major League and minor league level. Knowledge of the company was expected and appreciated. Peak Achievement Athletics Inc and its controlling shareholders, Sagard Holdings and Fairfax Financial, announce the appointment of Edward G. Kinnaly as the Chief Executive Officer of the Bauer, Cascade and Maverik businesses, effective June 1, 2017. They are among a number of MLB teams this season expected to lose at least $100 million after playing a 60-game schedule, plus six playoff fans without fans in the stands. The process took 2 months. The company has corporate status: Active. The company when it was still known as Bauer Hockey moved to the Granite State in 2002 as part of a strategy to diversify into other sports, including baseball and lacrosse. Rawlings is headquartered in St. Louis, MO. Union County College 3.9. So, theres complementary product lines and gaps on the other side whereby its the old one plus one does equal three situation the product lines complement each other. Existing shareholders of Peak Achievement Athletics will continue to participate as minority owners in the combined organization. 2 U.S. shipments available for Peak Achievement Athletics, updated weekly since 2007. As reported, Rawlings Sporting Goods, which also owns Miken and Worth, said Tuesday it reached an agreement to acquire Easton Diamond Sports from Peak Achievement Athletics Inc., which also owns Bauer Hockey, Cascade Lacrosse and Maverik Lacrosse. Meanwhile, Peak Achievement Athletics, the company that emerged from the bankruptcy, is keeping a low profile, focusing on its brands, especially Bauer Hockey. Requirements. Ambrose Headquarters. Exeter-based Peak Achievement Athletics, the successor company to Performance Sports Group, has named Edward Kinnaly of New Castle, a former executive vice president, as it's a co-CEO. And we believe Easton is the leading supplier of bats with its R&D and know-how in that space. A search is currently nearing conclusion for a Chief Executive Officer for the Easton business, who will serve with Ed as Co-CEO of Peak. Harlan Kent, who previously served as the CEO of Performance Sports Group, continued to lead the business on an interim basis. Properties; Careers; Get In Touch; Early in the pandemic, Peak Achievement Athletics, the parent company of Bauer Hockey, Easton Baseball/Softball, Cascade Lacrosse and Maverik Lacrosse, was able to shift production to medical-grade masks at the Cascade and Bauer manufacturing center in Liverpool, NY as well as at the Bauer Innovation Center in Blainville, Quebec. Date Buyer Supplier Details 43 more fields 2020-12-21 Peak Achievement Athletics Cortina Global Corporation SPORTING GOODS (HOCEKY SET) PO 4500434588+45 Y, LLC 2856 S RONALD REAGAN PARKWAY INDIANAPO LIS, IN, 46231 USA H. S. CODE 950691. . Company Description: Key Principal: Adam Vigna See more contacts Industry: Business services, nec Printer Friendly View Address: 161 Bay St Suite 5000 Toronto, ON, M5J 2S1 Canada Phone: Employees (all sites): Actual Year Started: Incorporated: ESG ranking: ESG industry average: What is D&B's ESG Ranking? Additional InformationInformation about Peak's brands can be found at their individual sites at bauer.com, easton.com, cascadelacrosse.com and maveriklacrosse.com. The deal still requires regulatory approval and, Thompson said Rawlings hope to close within 30-to-45 days. Unsecured creditors will be paid without such interest and equity holders will receive a pro rata share of what is left. Ed and his Peak Co-CEO will succeed Harlan Kent, to whom the Company is indebted for his leadership and dedication. In the current year, the emergence of COVID-19 placed baseball into a little bit of shell with the spring season canceled. "I'm so proud of the way our team responded. Consignee Address. However, Thompson said its still uncertain if 2021 will be a recovery year for baseball given the ongoing risks around the virus. It made a giant leap in April 2014 with the $330 million purchase of the diamond sports business of Easton-Bell Sports a deal that in hindsight, some observers say was overvalued. This corporate entity was filed approximately sixty years ago on Friday, June 7, 1963 as recorded in documents filed with California Secretary of State. Recently, he was the CEO of OGIO International for over 7 years and successfully positioned the company as a sports lifestyle brand. Information about Peak's brands can be found at their individual sites at bauer.com, easton.com, cascadelacrosse.com and maveriklacrosse.com. Military And Commercial Tents Business, EXEC: Hibbett Posts Double-Digit Q4 Comp Growth; EPS Falls Just Short Of Guidance, Bealls, Inc. Appoints New Company President, Academy Sports And Outdoors Ups Quarterly Dividend By 20 Percent, Vista Outdoor Appoints President, Simms Fishing, Fanatics Collectibles Appoints Chief Marketing Officer. There will be no disruption.. The plan would also set aside almost a million dollars to fight shareholder securities fraud class actions against the Exeter company.