Moa Capital Completes Recapitalization of The Rack Group
MICHIGAN - Moa Capital is pleased to announce the successful recapitalization of The Rack Group, a manufacturer and leading online retailer of premium billiards equipment. The transaction provided liquidity to initial investors, who realized a return of more than five times on their investment, and welcomed new capital to fund the company’s continued growth.
The Rack Group operates a portfolio of respected brands and retail platforms serving the billiards community across the United States, including Seybert’s Billiard Supply and Ozone Billiards — two of the leading online distributors in the country — alongside equipment brands Viking, Valhalla, Penguin, and Triple 60. The company’s loyal customer base consists primarily of league players and enthusiasts seeking expert guidance and high-end, customized equipment.
Since Moa Capital’s initial investment, The Rack Group has more than tripled in size, delivering strong returns for investors while maintaining the brand integrity and billiards enthusiast focus that defines the business.
“The Rack Group is a great example of what Moa looks to achieve with our portfolio companies — partner with founders and management to materially scale a business while maintaining its core ethos,” said Marko Nikolic, Managing Partner at Moa Capital.
The new capital partnership reflects continued confidence in the business and positions The Rack Group for its next phase of expansion.
About Moa Capital
Moa Capital is a growth private equity firm dedicated to helping management teams scale their businesses into established middle market companies. Founded by seasoned investors and operators with extensive experience scaling businesses, Moa takes a hands-on, collaborative approach, working closely with management teams and providing guidance in critical areas including sales, marketing, finance, and talent. Moa leverages its operating partner network to supplement management and accelerate growth initiatives. For more information, visit www.moacap.com.
About The Rack Group
The Rack Group is a manufacturer and online retailer of high-end billiards equipment, serving enthusiasts across the United States. The Group’s portfolio includes Seybert’s Billiard Supply, Ozone Billiards, and equipment brands Viking, Valhalla, Penguin, and Triple 60.