Escalade Announces Acquisition of AllCornhole, a Leading Brand in the Fast-Growing Cornhole Market
Having participated in the cornhole market for over a decade, Escalade recognizes the strength of the AllCornhole brand and its strong connection to cornhole enthusiasts. The acquisition presents a significant opportunity to further expand Escalade's presence in the tournament-level cornhole market. AllCornhole complements Escalade's Victory Tailgate brand and partnership with
"This strategic acquisition provides a platform for continued growth as the game evolves from a casual backyard pastime into a nationally recognized sport. Today, professional cornhole athletes compete for millions of dollars in prize money on major television networks, a transformation driven by the ACL. We look forward to participating in that continued growth through the addition of AllCornhole to our portfolio," said
"The ACL is excited to see two trusted leaders in cornhole come together. Escalade's acquisition of AllCornhole strengthens the ecosystem that supports our athletes, event partners, and fans," commented
AllCornhole will join Escalade's
"This is an exciting new chapter with AllCornhole joining our family. We are realizing our strategic goal of providing a complete and market-leading range of cornhole products to better serve our retailers and consumers. By leveraging AllCornhole's brand heritage and advanced product technologies, Escalade aims to accelerate the growth of cornhole and elevate the experience for players everywhere," said
ABOUT ESCALADE
Founded in 1922, and headquartered in
ABOUT THE AMERICAN CORNHOLE LEAGUE
FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements relating to present or future trends or factors that are subject to risks and uncertainties. These risks include, but are not limited to, Escalade's ability to successfully achieve the anticipated results of strategic acquisitions, including the integration of the operations of acquired assets and businesses, the impact of competitive products and pricing, product demand and market acceptance, and other risks detailed from time to time in Escalade's filings with the
INVESTOR RELATIONS CONTACTS
Escalade Contact:
Vice President, Financial Reporting & Investor Relations
Phone: 812-467-1334
Email: ir@escaladeinc.com
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