Bauer Performance Sports Announces Completion of Secondary Offering of Shares by the Kohlberg Funds

Bauer Performance Sports Announces Completion of Secondary Offering of Shares 
by the Kohlberg Funds 
TORONTO, ONTARIO -- (Marketwire) -- 02/06/13 -- Bauer Performance
Sports Ltd. ("Bauer" or the "Company") (TSX:BAU) announced today that
funds managed by Kohlberg Management VI, LLC (the "Kohlberg Funds"),
Bauer's largest shareholder, have completed the sale of an aggregate
of 3,450,000 common shares of the Company ("Common Shares") at a
price of Cdn$11.60 per share, including the exercise in full of the
over-allotment option. The offering was completed on a bought deal
basis by an underwriting syndicate led by RBC Capital Markets and
Paradigm Capital Inc. Bauer did not receive any proceeds from the
"I am pleased to announce the successful completion of this secondary
offering and welcome the Company's new institutional and individual
shareholders," said Kevin Davis, President and CEO of Bauer. 
Immediately following closing, the Kohlberg Funds own an equivalent
of 31.0% of the issued and outstanding Common Shares on a non-diluted
basis (approximately 25.5% on a fully diluted basis). The Common
Shares sold under the terms of the offering had previously been held
by the Kohlberg Funds in the form of Proportionate Voting Shares
which were converted to Common Shares to facilitate the secondary
offering on the basis of one Proportionate Voting Share for 1,000
Common Shares, consistent with the terms of the Company's articles. 
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any sale of the
Common Shares in any state, territory or other jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any state,
territory or jurisdiction. The Common Shares have not been, and will
not be registered under the U.S. Securities Act of 1933, as amended,
and may not be offered or sold in the United States absent
registration or compliance with an applicable exemption from the
registration requirements under U.S. securities laws. 
Bauer Performance Sports Ltd. (TSX:BAU) is a leading developer and
manufacturer of ice hockey, roller hockey, and lacrosse equipment as
well as related apparel. The Company has the most recognized and
strongest brand in the ice hockey equipment industry, and holds the
top market share position in both ice and roller hockey. Its products
are marketed under the BAUER, MISSION, MAVERIK, CASCADE and INARIA
brand names and are distributed by sales representatives and
independent distributors throughout the world. The Company is focused
on building its leadership position and growing market share in all
product categories through continued innovation at every level. For
more information, visit 
Caution Concerning Forward-Looking Statements 
Certain statements in this press release about Bauer's current and
future plans, expectations and intentions, or any other future events
or developments constitute forward looking statements. The words
"will", "expects", "plans", "intends", "estimates" or "potential" or
the negative or other variations of these words or other comparable
words or phrases, are intended to identify forward looking
statements. Forward looking statements are based on assumptions made
by Bauer in light of its experience and perception of historical
trends, current conditions and expected future developments, as well
as other factors that are believed to be appropriate and reasonable
in the circumstances, but there can be no assurance that such
estimates and assumptions will prove to be correct. Many factors
could cause future events or developments to differ materially from
those expressed or implied by the forward looking statements,
including, without limitation, general economic and market conditions
and current adverse economic conditions. The purpose of the forward
looking statements is to provide the reader with a description of
management's expectations and may not be appropriate for other
purposes; readers should not place undue reliance on forward looking
statements made herein. Furthermore, unless otherwise stated, the
forward looking statements contained in this press release are made
as of the date hereof, and we have no intention and undertake no
obligation to update or revise any forward looking statements,
whether as a result of new information, future events or otherwise,
except as required by law. The forward looking statements contained
in this press release are expressly qualified by this cautionary
INVESTOR INQUIRIES: Bauer Performance Sports Ltd.
Amir Rosenthal
Chief Financial Officer
Spinnaker Capital Markets Inc.
Kevin O'Connor / Ali Mahdavi
MEDIA INQUIRIES: Bauer Performance Sports Ltd.
Tory Mazzola
Communications Manager
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