Solace Capital Partners (“Solace”) announced that it has acquired Sun Mountain Sports, Inc. a leading producer of golf equipment and apparel, from founder and golf industry innovator Rick Reimers. The Company will remain headquartered in Missoula, Montana, and will continue to be led by its current management team, including long-time executive Ed Kowachek, who will assume the role of Chief Executive Officer, and Blake Ludwig, Chief Financial Officer. Mr. Reimers will retain ownership of Sun Mountain Motor Sports, which produces electric golf carts under the Finn Scooters brand. Terms of the transaction were not disclosed.
Founded in 1981, Sun Mountain is a pioneer in the golf industry known for its best-in-class brand and many innovations in golf bags, push carts, and outerwear. The Company developed the first lightweight golf bag and modern stand bag and is the leading independent golf bag manufacturer in North America. The Company was the first to introduce golf-specific performance outerwear and rainwear and has been credited with inventing the three-wheel golf push cart. Today, Sun Mountain’s products are sold in national retail stores, specialty golf stores, and pro shops, as well as online and internationally. Sun Mountain’s focus on quality and performance has earned it the trust and preference of golfers everywhere.
