Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

Platinum Equity Company Schutt Sports Gets Boost

Article · February 11, 2011

Manufacturing

Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to regain its footing after a lengthy bankruptcy triggered by a patent dispute.

Acquired by Platinum in December 2010, Schutt Sports  makes sports safety equipment such as helmets worn by a third of all NFL players (Green Bay quarterback Aaron Rodgers wore a Schutt helmet in the Super Bowl), bases for Major League Baseball, and a variety of youth sports equipment.

“It’s a brand new company with brand new funding. We’re taking the best of Schutt and leaving the tortured history behind.”

With the bankruptcy and lawsuit behind it, Schutt Sports is now concentrating on its product lineup and growing its brand.

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