March 10, pm CDT. The goal is to penetrate into new markets and increase the firm's presence internationally. Marucci employs across two locations - one in Baton Rouge and another in Lafayette.
That's before taxes and depreciation. More than ten years ago, Marucci launched in a backyard shed with the goal of becoming the number one bat in the big leagues. Since then, the brand has been a disruptor in an otherwise nostalgic industry — overtaking traditional companies and solidifying itself as the high standard. Founded in by two former professional baseball players Kurt Ainsworth and Joe Lawrence, and their athletic trainer Jack Marucci, Marucci prided itself on being founded, majority owned, and operated by current and former MLB players.
The remainder are made from Ash trees. This sale is a return of investment to our current shareholders. There are no plans to outsource the custom wood bat operation, but the company does tap factories overseas for more of its apparel and gloves. It has plans to roll out even more products and is looking to reshore some of its other manufacturing to the U. Professional baseball players may use several bats each during the season, often as a training tool, so there is steady seasonal demand for wood bats.
In , Marucci acquired Pennsylvania-based custom wood bat competitor Victus Sports for an undisclosed price. Marucci and Victus promote themselves as the top two most-used bats among big-league players. Other portfolio businesses held by Compass have grown under its guidance, such as Fox Racing Shox, a manufacturer of high-performance snowmobiles and mountain bikes that went public.
Since then, Ergobaby has acquired related businesses as it has grown and remains in the Compass portfolio. Not all of its portfolio companies are held for long periods of time.
Ainsworth said he hasn't been able to take much time for reflection on what the Compass deal means for the company since it's already working on a strategic plan to keep growing, but the sale was significant for a local business which has grown from a shed to manufacturing plant. The stars have aligned for us and we have a great team," Ainsworth said.
Email Kristen Mosbrucker at kmosbrucker theadvocate. Edit Close. Toggle navigation. Francisville St. Close 1 of 8. Buy Now. Top stories in Baton Rouge in your inbox Twice daily we'll send you the day's biggest headlines. Consumer brand entrepreneur Reed Dickens got on board to launch Marucci Sports. Business was booming. Ainsworth and Lawrence acquired a wood mill in Pennsylvania. They started shipping wood from the mill to Baton Rouge to make their handcrafted bats.
In , Marucci Sports surpassed the Louisville Slugger as the top bat choice by major league baseball players. In addition to wooden bats, it makes other items such as batting gloves. As it continues to grow, the plan is to expand its headquarters or move to a larger space in Baton Rouge. Starting next year, it will be the main equipment provider for the LSU baseball team—back on the campus where it all started.
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