Combat Fitness Equipment Company Hayabusa Achieves Massive Growth
In January 2019, BDC Capital, through its Growth and Transition Capital division, announced it had provided mezzanine growth financing to Hayabusa, a Kingston, Ontario-based company that leads the combat equipment sector by specializing in producing cutting edge protective boxing gloves for the sports fitness industry.
Founded in 2006, Hayabusa’s products are used globally by fitness practitioners and athletes at all levels.
Since the growth capital infusion, Hayabusa has strategically directed the funds to accelerate their growth. By focusing on corporate infrastructure, market research, product development, customer needs and global expansion, the results are evident and impressive. The growth of Hayabusa has been staggering and it has BDC Capital to thank, for having acted as a catalyst in the equation for Hayabusa to flourish.
Laura-Lee Brenneman, Director, Growth & Transition Capital, Ottawa (BDC Capital’s lead on the deal) states: “It has been exciting to witness Hayabusa’s growth and the realization of its potential. We were always impressed by the focus, excitement and commitment of Hayabusa’s management team and it is very satisfying to see the results after years of planning. The company continues to lead with innovative sports products and it is amazing to see them become a dominant brand in the fitness space.”
Hayabusa is also extremely proud of what has been accomplished in such a short period since the partnership. Ken Clement, CEO of Hayabusa comments: “BDC Capital have been great partners and they have stood by us and continue to believe in our potential and vision. With BDC Capital at our side, all the pieces are in place and the future of Hayabusa is bright.”
Hayabusa (pronounced hi-ya-boo-sa) is highly regarded as the gold standard in combat equipment and apparel. Hayabusa possesses a relentless commitment and passion to produce only the highest caliber products in terms of both safety and performance, to help inspire athletes in their journey to becoming better, healthier, and stronger.
BDC Capital is the investment arm of BDC - Canada’s only bank devoted exclusively to entrepreneurs. With more than $3 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers a full spectrum of risk capital, from seed investments to transition capital, supporting Canadian entrepreneurs who wish to scale their businesses into global champions. Visit bdc.ca/capital.
Media Relations, BDC Capital
Ken Clement, CEO