logo
NHL Head Coach Takes Equity Stake in Equipment Giant CCM

NHL Head Coach Takes Equity Stake in Equipment Giant CCM

Yahoo2 days ago

Martin St. Louis, head coach of the Montreal Canadiens and Hall of Fame player with the Tampa Bay Lightning, is taking a minority stake in hockey equipment company CCM.
Seven7, an investment firm founded by St. Louis, is joining Norwegian private equity fund Altor as a co-investor in CCM. Last October, Altor took a majority stake in the company, priced at $450 million. CCM was previously owned by another private equity firm, Birch Hill Equity Partners.
Advertisement
More from Sportico.com
Financial details of Seven7's holding were not disclosed.
St. Louis started Seven7 in 2016, a year after his retirement as a player, along with former NHLer Jeff Hamilton and Keith McCullough, who founded independent Wall Street research firm Hedgeye Risk Management. The investment fund largely focuses on sports, media and entertainment. It was an early investor in LiveBarn, a youth sports streaming service that recently hired Raymond James to facilitate a sale.
Founded as Canada Cycle & Motor Company Limited in 1899, CCM quickly pivoted from bike production to making skates and other hockey equipment. The company has a revolving door of owners in its history, including Reebok. Adidas, which bought Reebok in 2005, owned CCM until 2017 when it sold off most of its assets while retaining the apparel division that supplied the NHL. The company also supplies gear for the PWHL, the American Hockey League and several NCAA programs.
Advertisement
According to CCM CEO Marrouane Nabih, the company is a leader in seven of the eight categories of on-ice gear used by NHL players, including sticks, helmets and protective pads. CCM was second in skates among the 700+ players in the league.
CCM has long been endorsed by some of the league's premier stars, including Edmonton's Connor McDavid, Toronto's Auston Matthews and Pittsburgh's Sidney Crosby. Sarah Nurse, one of the newest members of the PWHL's expansion team in Vancouver, is also part of CCM's roster.
Best of Sportico.com
Sign up for Sportico's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chaim Bloom Reunion With Red Sox All-Star Would Fill Cardinals' Star Gap
Chaim Bloom Reunion With Red Sox All-Star Would Fill Cardinals' Star Gap

Newsweek

time14 hours ago

  • Newsweek

Chaim Bloom Reunion With Red Sox All-Star Would Fill Cardinals' Star Gap

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The St. Louis Cardinals need to add a star to their roster in the coming months, or the season will feel like a bit of a waste for the fan base. St. Louis is contending right now, but the roster isn't built to win the World Series. The Cardinals are one or two stars away from competing with the Los Angeles Dodgers and New York Mets at the top of the National League. Thomas Gauvain of Redbird Rants recently suggested the Cardinals could swing a trade for Boston Red Sox star Jarren Duran in the coming weeks. BOSTON, MASSACHUSETTS - JUNE 28: Jarren Duran #16 of the Boston Red Sox celebrates with Trevor Story #10 of the Boston Red Sox after scoring during the third inning against the Toronto Blue Jays at... BOSTON, MASSACHUSETTS - JUNE 28: Jarren Duran #16 of the Boston Red Sox celebrates with Trevor Story #10 of the Boston Red Sox after scoring during the third inning against the Toronto Blue Jays at Fenway Park on June 28, 2025 in Boston, Massachusetts. More"Duran has a .257/.311/.408 slash line this year; that makes him a slightly below league-average hitter according to OPS+," Gauvain wrote. "However, he posted a .285/.342/.492 slash line with 21 home runs and 34 stolen bases last year for a 134 OPS+; when paired with his plus defense (10 outs above average) in right field last year, that's a top-10 position player. "The St. Louis Cardinals have failed to have a superstar lead their team these past three seasons. They've managed to float on by with a collection of above-average players, but they'll need a star to take their team to the next level. Chaim Bloom should prioritize finding a star as his first task when he becomes the organization's president of baseball operations." Duran to St. Louis makes a lot more sense than some of the trade rumors surrounding the team. The Cardinals could use the services of a productive, controllable outfielder with the potential that Duran has. St. Louis also has a loaded farm system it could trade from. The front office could use some of the top pitching prospects as leverage to trade for the Red Sox star. For Boston, its outfield is loaded with talent, too, which makes Duran quite expendable. With more prospects flying up the farm system to eventually replace Duran, it wouldn't be shocking to see the former All-Star dealt away this season. More MLB: Diamondbacks Predicted To Cut Ties With Surging $66 Million Slugger

MLB Writer Outlines Roundabout Way for Cardinals to Acquire Rival Superstar
MLB Writer Outlines Roundabout Way for Cardinals to Acquire Rival Superstar

Newsweek

time15 hours ago

  • Newsweek

MLB Writer Outlines Roundabout Way for Cardinals to Acquire Rival Superstar

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. The St. Louis Cardinals need a true star on their roster if they want to contend for a World Series in the next few years. Their roster is filled with talent, but it lacks a true superstar with the ability to take over an entire playoff series. St. Louis has some time before it's going to need to have one of these stars on the roster, but it could look to make a huge move in the next few months to fill the void on the roster. Thomas Gauvain of Redbird Rants recently suggested the Cardinals could look to acquire Chicago Cubs superstar outfielder Kyle Tucker in the coming year, either in free agency or in a trade. HOUSTON, TEXAS - JUNE 28: Kyle Tucker #30 of the Chicago Cubs hits a three run home run in the fourth inning against the Houston Astros at Daikin Park on June 28, 2025 in Houston,... HOUSTON, TEXAS - JUNE 28: Kyle Tucker #30 of the Chicago Cubs hits a three run home run in the fourth inning against the Houston Astros at Daikin Park on June 28, 2025 in Houston, Texas. More"Ironically, Kyle Tucker will headline the 2025-2026 MLB free agent group. He'll likely land a $400 million contract, too. Tucker is an exceptional outfielder, and he'll be in his age-29 season next year, so whoever signs him will have at least four more years of peak performance out of Tucker," Gauvain wrote. "He certainly fits the 'star' bill, but the Cardinals will have to beat out several other bidders for Tucker's services in free agency. "The most likely route for the Cardinals to acquire a star would be their most typical way: a trade. John Mozeliak has traded for stars like Matt Holliday, Paul Goldschmidt, and Nolan Arenado during his tenure. Chaim Bloom will have to do the same if he wants a star and doesn't think his own players will reach that level of play." This idea doesn't make much sense. One, the Cubs would almost never trade Tucker, let alone to the rival Cardinals. Secondly, it's going to be nearly impossible for St. Louis to contend in a bidding war with teams like the New York Yankees, Boston Red Sox, New York Mets, and Los Angeles Dodgers. As much as it sucks for the mid tier markets in baseball, free agency is dominated by the massive markets. There's almost no chance the Cardinals would be able to trade for Tucker after he's signed, either. Why would a team like the Yankees sign the star to a massive contract if they planned on trading him anyway? It makes no sense. More MLB: Diamondbacks Predicted To Cut Ties With Surging $66 Million Slugger

The Maple Leafs' first draft pick arrives with competitive DNA preloaded
The Maple Leafs' first draft pick arrives with competitive DNA preloaded

Hamilton Spectator

timea day ago

  • Hamilton Spectator

The Maple Leafs' first draft pick arrives with competitive DNA preloaded

Norwegian forward Tinus Luc Koblar is probably a long-shot to make the NHL, but he does seem like a good enough bet given his family's athletic success. His parents competed in the Winter Olympics for their native Slovenia: dad Jernej an alpine skier, mom Andreja a biathlete. And Tinus is six-foot-four at just 18 years of age. That all adds up to a decent reason for the Maple Leafs to make Koblar their first choice in the NHL draft on Saturday. 'It was an unreal experience ... I'm just excited to start,' Koblar, selected 64th, said in a conference call. He said Anze Kopitar, the Slovenian captain of the Los Angeles Kings, is his favourite player, but added that he has followed Toronto and wore a Leafs jersey as a kid. 'I always liked the team,' said Koblar. 'Since I was a young kid, I've been watching and cheering for them.' His parents instilled a competitive nature. 'There is nothing I like to lose at,' he said. 'They played a huge role in my competitiveness ... because both my mom and dad (competed) at a high level. I like competing at everything.' Koblar will play in Sweden next season for Leksands IF, as will Victor Johansson, drafted 120th by the Leafs last year. While Koblar was their top pick, the Leafs were the last team to actually make their first selection over the two days, having traded away picks in recent years. There are far more misses than hits from the second round on, although veteran defenceman Tyson Barrie (2009) and centre Vincent Trocheck have done all right after being drafted 64th. The Leafs stayed closer to home with their next pick, Kingston centre Tyler Hopkins at No. 86. He said he models his game after Tampa Bay's Anthony Cirelli, but his favourite player is Auston Matthews. A lifelong Leafs fan from Campbellville, he was perhaps showing his age when he said his favourite memory of the team is when they got out of the first round of the playoffs by beating the Lightning in 2023. He said he was thrilled to hear his name. 'When that moment happened, it was just pure excitement,' said Hopkins. 'Obviously to get drafted is every kid's dream, and to be drafted by your hometown team one level even better than that.' He sees himself becoming a third-line centre in the NHL. 'Something that I've tried to work on is my defensive game over the past two years, and adding a bit of offence,' he said. 'I think at the next level, a third-line centre that plays a 200-foot game, is able to move up and down a lineup and is relied on by the coaching staff.' One prospect Leafs fans will likely root for is William Belle, already six-foot-four and 225 pounds. The big-bodied forward was born in China and lived there for seven years. He sees himself in the mould of Washington Capitals forward Tom Wilson. 'The power forward hockey that he plays — the simplicity of it, the physicality and that edge to him, the meanness — I feel like I can bring that,' said Belle, who is heading into his first year at Notre Dame. 'It's not necessarily that I love doing that. It's just, that's what makes me effective and it's what helps my team win. The meanness aspect of it, I'm here to win and I'm here to help my team. And I don't care who you are, I'm going to be in your face. That's just how I'm wired. That's just how I play.' The Leafs took centre Harry Nansi from Owen Sound at No. 153, right-handed defenceman Rylan Fellinger from Flint at 185 (he turns 18 on Sept. 20) and 19-year-old forward Matthew Hlacar, an enforcer-type, with the 217th pick. None of them will be in the NHL any time soon. All will be at development camp from July 2 to 5. 'We'll reconvene in five years to see how successful (this draft) was,' said general manager Brad Treliving. 'You judge these draft days with a calendar and not a stopwatch. But I'm really happy with the work the guys did.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store