Shock Doctor® Acquires Cutters Gloves™
Move aligns leading sports protective and performance brands and expands product offerings in several market categories
Minneapolis, MN and Phoenix, AZ -- June 25, 2012 - Shock Doctor®, the number one mouthguard company in the world and leading innovator of performance-driven sports protection gear, announced today that it has acquired Cutters Gloves. The acquisition is a highly strategic move, with Cutters position as an authentic leader in cutting edge, high-quality sports gloves, aligning perfectly with Shock Doctor’s leadership position.
“Shock Doctor brings the most innovative and highest quality technology and materials to the market across all of our product lines. Cutters shares these values and their C-TACK technology is superior to any other grip technology on the market. Cutters is a perfect addition to the Shock Doctor product portfolio and serious athletes around the world recognize Cutters Gloves as the best ” says Tony Armand, CEO, Shock Doctor.
Further Armand adds “We are very excited to own a brand that has had such strong stewardship from its founders, Jeff and Laura Beraznik. We are fortunate that both will continue to be involved in the business going forward, as we plan to continue operating both companies as business as usual.”
“We could not have asked for a better partner to take the Cutters’ business to the next level than Tony and his team at Shock Doctor,” said Jeff Beraznik of Cutters Gloves. “Their commitment to innovation and quality aligns with the vision we have always had for Cutters. Their reputation and position in the market, as well as their growing global distribution, will be a huge benefit to the brand going forward.”
About Shock Doctor, Inc.
The number one mouthguard company in the world, Shock Doctor is the undisputed market leader in premier mouthguard technology and is known as the creator of fearless, performance-driven sports protection equipment and apparel available in 9,000 retail locations in over 50 countries worldwide.
Shock Doctor’s sports protection products range from mouthguards, core protective equipment and apparel to Performance Sports Therapy, designed to protect athletes across a wide range of sports including football, hockey, baseball, lacrosse, MMA, fitness and more. Their athlete-centric approach and commitment to developing game-changing technology, which has earned them nineteen patents to date, has continuously revolutionized the industry and raised the standard for technical and functional performance. Trusted by youth, amateur, and pro athletes alike, Shock Doctor products combine cutting-edge design and premium materials with the latest technology to achieve the ultimate in protection and performance.
About Cutters Gloves
Based in Phoenix, AZ, Cutters develops, manufactures, distributes and markets an industry leading line of football gloves and accessories as well as other sports gloves for the baseball, fitness, golf and soccer markets. True glove experts, Cutters Gloves, made with their exclusive C-TACK(tm) Performance Grip Material, are crafted from the highest quality materials for the best performance and durability. Other gloves may look similar, but the silicon application that most other companies use on their gloves results in an inferior grip, and a grip that will peel off, wear out more quickly, and that does not self-restore. An industry leader in the US and Canada, Cutters Gloves are also sold in 15 countries worldwide. Cutters was advised by McColl Partners on the transaction.