Elverys Sports has been acquired by the management team
Staunton Sports has sold Elverys Sports to the company's management team. Financial details have not been disclosed.
Elverys is a retailer of sporting goods and equipment, with over fifty stores across the country and a growing online presence. The business employs 650 staff. Founded in 1847 with a single shop in Dublin city center, Elverys is Ireland’s oldest sports retailer. Following a 1998 takeover by the highly respected Staunton Sports, Elverys has blossomed to become Irelands most loved sports retailer.
Elverys' management team was led by the company's CEO, Patrick Rowland.
Staunton Sports is controlled by the Staunton family, who have interests in retail and property investments.
Oaklins' team in Ireland valued the company, assessed the offers received, negotiated the deal on behalf of the shareholders and managed the transaction.
Talk to the deal team
Private shareholders have sold a minority stake in Turisthotel d.d. to Tankerska plovidba d.d.
A group of private shareholders have sold their stake in Turisthotel d.d. to Tankerska plovidba d.d.Learn more
Kubus Sports has raised debt to acquire Naish
The financing was provided by Rabobank and will support Kubus Sports’ strong international growth ambitions.Learn more
Naish has been acquired by Kubus Sports
Kubus Sports has acquired Naish.Learn more