New York, NY (October 28, 2014) – Cue & Case Sales Inc. (“Cue & Case” or the “Company”) of St. Augustine, FL has been acquired by Escalade, Inc. (NASDAQ:ESCA) of Evansville, IN. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Cue & Case.
Cue & Case Sales Inc. (www.cueandcase.com) is a leading designer, marketer and distributor of billiard products and accessories. Founded in 1991, the Company’s product offering includes cues, cases, cue accessories, racks, balls, lights and select gaming furniture. Cue & Case owns and markets a leading range of branded product lines, including Lucasi, Players, Rage and PureX, as well as distributes other prominent billiards brands. The Company is renowned for providing specialty billiard dealers with superior products and excellent customer service. Cue & Case will become part of Escalade Sports, a wholly-owned subsidiary of Escalade, Inc.
Escalade, Incorporated (NASDAQ:ESCA) (www.escaladeinc.com) is a global consumer products company. Its largest division, Escalade Sports, is a leading manufacturer and distributor of sporting goods and outdoor products. Escalade Sports’ brands include STIGA® and Ping-Pong® table tennis; Accudart® and Unicorn® darting; Goalrilla®, Goaliath® and Silverback® sports training equipment and basketball goal systems; and Bear Archery®, Trophy Ridge® and Cajun Bowfishing hunting products. Escalade Sports’ products are available at sporting goods retailers and independent dealers nationwide.
Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $450 million.