North Castle Partners has completed the sale of Cascade Helmets Holdings Inc. (Liverpool, N.Y.), a manufacturer of lacrosse equipment, to Bauer Performance Sports Ltd. (Exeter, N.H.) for $64 million. North Castle noted that, in partnership with Cascade's leadership team, during its tenure it accelerated product innovation, doubled sales, and built a new line of helmets with hockey star Mark Messier.
"We continue to look for opportunities across the Health, Wellness and Active Living markets to leverage our knowledge, network, and experience in building market leaders like Cascade," said North Castle's Managing Partner Chip Baird. North Castle's current portfolio includes Mineral Fusion, Red Door Spas, Performance Bicycles, Palladio Beauty Group, and World Health Clubs. Ranking among its prior portfolio holdings are Atkins Nutritionals, Bora-Bora Organic Foods, EAS, Enzymatic Therapy, Naked Juice Company, and Avalon Organics.
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