Big Rock Sports and Inland Pacific Distributors, Ltd, based in Langley, British Columbia, Canada, have entered into an exclusive agreement for Big Rock to purchase Inland Pacific as part of Big Rock's plans to enter the Canadian market.
"Inland Pacific's long-standing commitment to the independent sporting goods retailer in Canada makes them an ideal platform for Big Rock's expansion into the Canadian market" stated Ed Small, Big Rock's CEO. "Further, as part of Inland's succession plans, Stu Slater and Tony Nesci, the current owner's of Inland, contacted Big Rock Sports after reviewing their retirement options, and selected Big Rock as the best option to continue building upon Inland's success", added Small.
"After 40-plus years of serving the independent retailer, Tony and I decided it was time to transition Inland to someone who would continue to build upon the success and commitment we have made to the industry. Our research clearly indicated that partnering with Big Rock Sports was the right thing for our customers, employees, vendor-partners, and the industry, as Tony and I transition into retirement", stated Stu Slater, President of Inland Pacific.
Mr. Slater and Mr. Nesci will continue to work with the Company and Big Rock for an indefinite transition period, and will help insure that this transition of ownership is seamless. Big Rock was assisted by Bellmark Partners and expects the transaction to close within the next few months, subject to customary closing conditions.
Big Rock Sports, LLC., is an outdoor sports wholesaler, service provider and business partner to the retail market. Big Rock Sports is international in scope, regional in focus and local in relationships. Big Rock services over 15,000 retailers internationally with a direct sales force who represent over 1,200 manufacturers.
Inland Pacific Distributors, Ltd operates out of three regional distribution centers across Canada, and has been servicing the independent sporting goods channel for over 40 years.