ECGI Holdings Inc. (ECGI) Extends Commitment to Building High-Quality, Luxury Brands with LOI to Acquire Pacific Saddlery, Opening Door to Greater Equestrian Equipment Market
ECGI Holdings recently signed a LOI to acquire Pacific Saddlery, a renowned manufacturer and retailer of luxury equestrian tack, apparel, and accessories According to the company, the acquisition strategically aligns with its objectives of expanding its presence in the luxury brands sector The acquisition is expected to generate new recurring revenue streams and enable ECGI to capture a share of the luxury equestrian market as well as the broader global equestrian market The larger global equestrian market, which is segmented into equestrian apparel and equestrian equipment, is expected to grow to $26.7 billion by 2032 from $17.5 billion in 2023…