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Kevin Davis, president and CEO of Bauer Performance Sports, which went public last March, said the company is not expecting the high-performance Nexus line to be as big as its Supreme and Vapor products.
Kevin Davis, president and CEO of Bauer Performance Sports, which went public last March, said the company is not expecting the high-performance Nexus line to be as big as its Supreme and Vapor products.
(Deborah Baic/The Globe and Mail/Deborah Baic/The Globe and Mail)

As Bauer soars, private equity backer cashes in

Did you know Bauer Performance Sports is up 66 per cent this year?

After losing roughly 30 per cent in the first few months following its initial public offering, the sports equipment maker has been on a tear, almost doubling in price from its lows. Watching this rise, Kohlberg Funds, its private equity backer, has started to cash out – and smartly so.