Thursday, September 09, 2004

EMS acquired in management buyout

Eastern Mountain Sports has completed a management-led buyout of the company from American Retail Group. The buyout was led by Eastern Mountain Sports President and CEO, Will Manzer, with financing led by J. H. Whitney & Co., LLC.

They just got some serious financial backing from Whitney. They are ready to grow and attempt to become the most sought after brand and retail outfitter in the industry.

We'll see about that........

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