KKR Buying Sporting Goods Retailer
June 1, 2011- Share:
Kohlberg Kravis Roberts has agreed to acquire Academy Sports + Outdoors, a sporting goods and outdoor retailer with 131 stores in the Southeast U.S. The Gochman family will retain a minority stake in the company. KKR is being advised by Morgan Stanley, Credit Suisse, Barclays and Simpson Thacher & Bartlett, while Academy Sports + Outdoors is being advised by Goldman Sachs, Wachtell, Lipton, Rosen & Katz and Fulbright & Jaworski.
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