Ryan, Larkin, Ortiz among private equity investors
Posted November 30, 2016 6:00 am
NEW YORK (AP) - Hall of Famers Nolan Ryan and Barry Larkin along with recently retired David Ortiz are among the investors in Dugout Ventures, a new private equity group that says it will support baseball-focused companies.
Torii Hunter and Vernon Wells also were among the investors announced Wednesday.
Dugout Ventures said it provided bridge financing in July to EvoShield, which sells protective gear. EvoShield was then bought by Amer Sports.
Dugout Ventures also said it is the largest investor in Marucci Sports, which manufactures bats.
FILE - In this Sept. 28, 2016, file photo, Boston Red Sox designated hitter David Ortiz reacts after flying out in a baseball game against the New York Yankees in New York. Hall of Famers Nolan Ryan and Barry Larkin along with recently retired Ortiz are among the investors in Dugout Ventures, a new private equity group that says it will support baseball-focused companies. (AP Photo/Kathy Willens, File)
The Associated Press