Highland Buys City Sports

Highland Capital Partners’ Consumer Fund, which Xconomy profiled here, has acquired—and made a strategic growth equity investment in—Boston-born athletic retailer City Sports, which currently operates 14 stores along the east coast. No financial terms were disclosed, but City Sports founder and CEO Mike Kennedy said in a statement today that Highland “will be instrumental as we continue to pursue our expansion strategy.”

Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926. Follow @bbuderi

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