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Mason Wells buys sporting-goods supplier EastPoint

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Mason Wells buys sporting-goods supplier EastPoint

Private equity firm Mason Wells Inc. acquired New Jersey-based EastPoint Sports Ltd., which supplies sporting goods, for an undisclosed amount.

EastPoint's products include tailgate and lawn games manufactured under brands including Go! Gater, HEAD and PENN.

EastPoint founder Mike Nally will continue to lead the company and remain an owner. Other owners include Bounds Equity Partners and EastPoint senior management and board members.

PNC Business Credit and Patriot Capital provided debt financing for the acquisition, and Godfrey & Kahn served as Mason Wells' legal counsel.