TZP Group Invests in Christy Sports

LAKEWOOD, Colo. – TZP Capital Partners III, L.P. announced on December 2, 2019 that it has made a significant strategic investment in Christy Sports, LLC, a Rocky Mountain-region winter sports specialty retailer and outdoor furniture leader based in Lakewood, Colorado.

Christy Sports' leadership team remains unchanged, with CEO Matt Gold continuing to lead the company alongside Dan Fox, Hugh O'Winter and Thomas O'Winter. The O'Winter family, including founder Patrick O'Winter, will maintain meaningful equity ownership and board representation. Norwest Equity Partners is exiting its investment in the company.

"We feel great about the cultural fit with TZP Group and believe TZP's proven capabilities elevating consumer-facing brands and their digital activities will complement Christy's strong service and retail fundamentals to reach our potential," said Matt Gold, CEO of Christy Sports.

Founded in 1958, Christy Sports operates more than 60 locations across Colorado, Utah, New Mexico and Washington, offering winter sports retail, rental services, custom boot fitting and equipment tuning, alongside seasonal outdoor furniture and cycling businesses.

"We look forward to working with Matt and the entire Christy team to accelerate their growth and enhance their already world class customer experience," said Dan Galpern, TZP Partner.

"It has been quite a ride! Our family is thrilled to continue to be part of that adventure and welcome TZP as our partner for the journey," said Patrick O'Winter, founder of Christy Sports.