PV3 Investments agreed to acquire ENVE Composites, LLC from Amer Sports Corporation on April 30, 2024. ENVE?s brand, products, services, business relations, leadership, and employee statuses will remain unchanged following the transaction. Closing is expected to take place in the next few weeks and the parties have agreed not to disclose the transaction details.
Mike Bennett of Crewe Capital acted as financial advisor to PV3 Investments. Robert W. Baird served as investment advisor to Amer Sports for the transaction.