Westbridge Capital is pleased to announce that the Synergy Sports Group debenture offering and the subsequent acquisition of the business has been successfully concluded. The existing management team was integral in the acquisition of the business and will continue to lead the Synergy Sport Group into the future. Both Al and Kirk Anderson will join the newly constituted board of directors of the Synergy Sports Group.
Al Anderson said, "For our family, it has been a fantastic experience and we will be forever thankful for the wonderful relationships built over fifty-plus years. We know Westbridge, John, Chris and Brett are committed to provide Saskatoon consumers with exceptional service and total satisfaction."
Mike Meekins, President of Westbridge Capital said, " We feel fortunate to be working with John, Brett, Chris and their team to continue the legacy of success the business enjoyed with the Anderson family. Having Al and Kirk on the board also ensures that their in depth sporting goods knowledge, general business expertise and wisdom will be available to the business as it continues to serve the needs of the community. "
About The Synergy Sports Group
The Synergy Sports Group is one of Saskatchewan's largest sporting goods retailers.
About Westbridge Capital
Westbridge Capital is a private equity management company. Westbridge Capital focuses exclusively on real estate and private equity investments that by their nature have little correlation to publicly listed securities and may be used to diversify a portfolio and reduce overall portfolio risk and volatility.