Dealert› Deals› E-Z UP

Norwest Equity Partners → E-Z UP

Buyout United States of America Sporting & Outdoor Goods Other / Unspecified
Deal summary

Information on the target

E-Z UP® is the original inventor of the pop-up canopy category, having established itself in 1983. The company has since become a leading brand in portable shade solutions and accessories, recognized for its innovation and quality. With a robust portfolio of nearly 100 patents, E-Z UP products are trusted by numerous Fortune 500 companies and are sold in over 60 countries worldwide. The company operates from its 135,000-square-foot manufacturing facility in Norco, California, where it emphasizes vertical integration and in-house customization.

Known as “The Original Instant Shelter,” E-Z UP offers a diverse range of products, including instant shelters, canopy tents, tables, flags, banners, and various accessories. The company serves multiple end markets, including corporate marketing, branded events, worksite protection, sporting events, and recreational use, showcasing its versatility and broad appeal.

Industry overview in the target’s specific country

The Sporting & Outdoor Goods industry in the United States has seen significant growth over the past few years, driven by increasing consumer interest in outdoor activities and fitness. This sector encompasses a wide range of products, including equipment for sports, outdoor recreation, and fitness activities. The rise of health consciousness among consumers has led to a surge in demand for high-quality sporting goods, which has positively impacted the industry’s growth trajectory.

In recent years, the U.S. has experienced a boom in outdoor recreational activities, with more individuals participating in hiking, camping, and other outdoor sports. This trend has been further fueled by the COVID-19 pandemic, which encouraged people to seek safe, socially-distanced activities. As a result, companies within the Sporting & Outdoor Goods industry have adapted by expanding their product lines and enhancing their marketing strategies to capture the growing consumer base.

The competitive landscape of the industry is characterized by a mix of established brands and emerging players, all vying for market share. Companies are increasingly focusing on sustainability and eco-friendly products, responding to consumer preferences for environmentally responsible options. This shift has led to innovation in materials and manufacturing processes, further driving growth within the sector.

Moreover, the rise of e-commerce has transformed the way consumers shop for sporting goods, with online sales becoming a significant revenue stream for many companies. As digi…

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