Fromuth Acquires Online Retailer Tennis-Point

Online retailer Tennis-Point has been acquired by Fromuth Racquet Sports, both companies announced recently. Tennis-Point is the former Midwest Sports, which was owned and operated by Greg and Lisa Wolf for more than 30 years before being acquired by Signa Sports United in 2021, who then changed the name. Facingfinancial and management challenges, Signa sold the company to a private equityfirm, which then sold it to Fromuth.“It’s been a challenging ride,” Tennis-Point officials said in a statement, “but we are thrilled to return to our family-owned and operated principles and to deliver meaningful value to our tennis customers and the community. Our primary focus is to rebuild our business and earn the trust of our partners, suppliers, and customers.”Fromuth has been a leading wholesale racquet sports distributor for 50 years, with a distribution network that extends to pro shops, country clubs, independent retailers and teams across the U.S. Tennis-Point will be operated as a separate business and, at least in the short term, will keep the Tennis-Point name and contact details. For Tennis-Point, Cincinnati’s management team and employees will remain in their current roles. Patrick Shields Jr. will serve as president, Pat Shields Sr. will serve as CEO, and Greg Wolf will continue to serve as advisor to ensure a seamless transition and provide guidance as Fromuth enters the consumer e-commerce tennis business.