NCK Capital, a private equity firm investing in lower middle market businesses, has completed a majority recapitalization of English Riding Supply, a marketer and distributor of equestrian equipment and products.
ERS is a one-stop-shop for over 800 online and brick and mortar tack shops and specialty retailers. The firm distributes quality equestrian brands including Pessoa, Mountain Horse, Romfh, One K, Ovation, Catago, and Veredus.
“We are very excited to partner with NCK. It was important to the entire ERS team to identify a capital partner that understood our vision for the company, the value we deliver to our customers, and the culture that has driven our success,” stated Michael Diamond, ERS CEO.
“We focus on investing in companies like ERS that have a long tradition of success and are leaders in their industry, and we look forward to being a part of the ERS family,” said Michael Kornman, managing partner at NCK.
Baker Tilly Capital LLC advised ERS on the transaction. NCK Capital financed this transaction in partnership with PNC Mezzanine Capital and First Commonwealth Bank.