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Nautic Partners and management acquires Prince Sports13/08/2007. Source: AltAssets. 
 Providence, Rhode Island-based mid-market private equity firm Nautic Partners has acquired Bordentown, New Jersey-headquartered sporting goods company Prince Sports in partnership with Prince's management. No financial terms were disclosed.
Prince develops, sources and markets racquet sports equipment, footwear, apparel and accessories for tennis and indoor court sports.
Prince is Nautic Partners' third investment from its most recent fund, Nautic Partners VI.
Founded in 1986, Nautic Partners has approximately $2.3bn of equity capital under management. The firm targets equity investments of $25-$100m, representing majority ownership in companies with proven business models. Areas of focus include business services, manufacturing, healthcare and communications.
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