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Total Hockey completes $22.5 million sale of assets to TSG Enterprises
By Caroline Salls
Pittsburgh, Aug. 9 – TSG Enterprises, LLC acquired Total Hockey, Inc., according to a TSG news release.
As previously reported, Total Hockey obtained bankruptcy court approval to sell substantially all of its assets to TSG for $22.5 million.
With the acquisition, TSG said it will now operate 54 retail locations across the United States and seven e-commerce websites focused on hockey, lacrosse and goalie equipment.
“The acquisition gives us access to exciting new markets such as Missouri, Illinois, Minnesota, Michigan, Maryland, Utah and Colorado and also enables us to strengthen our presence in existing markets,” TSG president David Nectow said in the release.
“Despite some recent financial difficulties, Total Hockey has built a strong brand, best-in-class technologies and an overall culture of success that will help TSG continue to grow our retail and ecommerce operations across the U.S.”
Total Hockey is a Maryland Heights, Mo.-based retailer. The company filed bankruptcy on July 6 in the U.S. Bankruptcy Court for the Eastern District of Missouri under Chapter 11 case number 16-44815.
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