The acquisition aims to merge Capitol Hill Group’s financial resources with Worldwide Golf’s specialty retail expertise.
This strategic move is expected to inject long-term capital into Big 5 and enhance its growth trajectory while bolstering its market position in the western US.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Post-acquisition, Big 5 will continue to operate as an independent entity within Capitol Hill Group’s portfolio, benefiting from the synergies of the partnership.
Big 5, which has its headquarters in El Segundo, California, offers a comprehensive range of products that includes athletic footwear, apparel, accessories, and equipment for various sports and outdoor activities.
Currently, it operates 414 stores under “Big 5 Sporting Goods,” brand, with each store spanning an average of 12,000ft2.
For the fiscal 2024 ended 29 December 2024, Big 5 recorded net sales $795.5m and net loss $69.1m, or $3.15 per basic share.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCapitol Hill Group chief executive officer Theodore Shin said: “We are thrilled to support the next stage of the company’s evolution. Big 5 has built an impressive foundation as a leading bricks and mortar sporting goods retailer. We also admire the deep history and culture of the company, and look forward to carrying that forward into the future.”
Big 5 Sporting Goods Corporation chairman president and chief executive officer Steven Miller said: “This transaction marks an exciting new chapter for Big 5 that allows the company to carry on its legacy of serving customers with quality sporting goods at an exceptional value while maximizing value for our stockholders. I want to thank our dedicated employees, loyal customers and valued vendors who continue to support Big 5 in each of the communities we serve.”
