North Castle Partners announces strategic investment in Sparx Hockey
Founded in 2013, Sparx Hockey is a developer and manufacturer of skate sharpening equipment and related accessories for ice hockey, figure skating and sled hockey. The innovative and fast-growing company, which was recently named the fastest growing sports brand in the U.S. by Inc. Magazine, is focused on building a leadership position in skate sharpening by providing customers with the most advanced, accurate and easy-to-use and affordable skate sharpening equipment. Thousands of customers in the United States and Canada are currently sharpening their skates with Sparx, including individuals, families, teams, rink operators and pro shops. Elite teams and players around the world are also experiencing the consistency and accuracy of Sparx, including over 25 NHL teams.
Through in-depth sector knowledge and insights, Lincoln International orchestrated the strategic investment in Sparx Hockey, by North Castle Partners.
“We are proud to partner with the founder of Sparx and his team,” said North Castle Managing Director, Alison Minter. “Sparx is an innovative category leader that is solving a major pain point for hockey families and offers an unparalleled value proposition to its loyal users. Sparx has experienced strong growth since its founding and we believe there is significant potential to further build on its success with increased investments in awareness, distribution and innovation.”
The terms of the investment were not disclosed.
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