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Varsity Brands Enters Into Definitive Agreement To Be Acquired... -- INDIANAPOLIS, MEMPHIS, Tenn., and DALLAS, Nov. 3, 2014 /PRNewswire/ --
How does this affect the cheerleading industry or will it?
Consider this quote from the article:
Jeff Webb, Varsity Brands' Chairman and Chief Executive Officer, stated, "Over the last several years, Varsity Brands has made steady progress towards serving as the single source for every customer's sport, spirit, and achievement needs. We now look forward to accelerating this work in partnership with Charlesbank – a preeminent partner that brings unique investment acumen in the education market – and to building on Varsity Brands' key competitive strengths. These include unparalleled customer reach, leading brands with prominent market positions, and multiple avenues for future growth."
How does this affect the cheerleading industry or will it?
Consider this quote from the article:
Jeff Webb, Varsity Brands' Chairman and Chief Executive Officer, stated, "Over the last several years, Varsity Brands has made steady progress towards serving as the single source for every customer's sport, spirit, and achievement needs. We now look forward to accelerating this work in partnership with Charlesbank – a preeminent partner that brings unique investment acumen in the education market – and to building on Varsity Brands' key competitive strengths. These include unparalleled customer reach, leading brands with prominent market positions, and multiple avenues for future growth."