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Stock impact report

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

Amer Sports, Inc. (AS) 
Company Research Source: Business Wire
SALT LAKE CITY--(BUSINESS WIRE)--Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS).Both headquartered in Utah, ENVE was a natural fit for PV3, whose owners are passionate about cycling and want to support its continued growth. Founded in 2007, ENVE is one of the few U.S. cycling brands to have all-American manufacturing and is dedicated to building high-tech biking performance products in-house, such as wheels, components, and bicycles.“ENVE is uniquely positioned in the market, and we see PV3 as an excellent opportunity to take the company to the next level with a like-minded buyer who has confidence in our mission,” said ENVE’s CEO, Mike Stimola. “We are thankful to Amer Sports for its support over the past eight years that has enabled us to grow as a parts supplier to s Show less Read more
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