Seven7, a Stamford-based venture capital firm, has acquired a minority stake in Canadian hockey equipment manufacturer CCM, nine months after it was bought by Swedish private equity firm Altor Fund VI.
The deal’s financial terms were not disclosed.
The investment from Altor and Seven7 “signals a bold new chapter for CCM” that is focused on international expansion, digital transformation, product innovation, and deeper engagement with the next generation of players and fans, said Seven7, which is headquartered at 1 High Ridge Park.
“Hockey is growing around the world, and CCM is right at the center of that expansion,” Seven7 Chief Investment Officer Daryl Jones said. “Together, we’re backing a brand that has been shaping the sport for 125 years—and still has its best hockey ahead of it.”
Mike Commodore, former NHL defenseman, Stanley Cup champion, and investor in Seven7, said he looks forward to seeing CCM become a global brand with backing from Altor and Seven7.
“I’ve been rocking CCM gear since I was barely old enough to skate,” he said. “Let’s go!”
This investment marks the latest in a series hockey-sector investments for Seven7, which has also backed LiveBarn, EZ-Ice, Sauce Hockey, and a US Hockey League franchise.
