CEO Coaching International Congratulates Client PowerA on Its Successful Sale
MIAMI, Fla., Dec. 10, 2020 – CEO Coaching International, the leading firm coaching over 340 of the world’s top growth-focused entrepreneurs, congratulates its client PowerA on its successful sale to ACCO Brands.
PowerA, a leader in gaming hardware based in Woodinville, Wash., will retain both its headquarters and employment structure in the $340 million acquisition deal.
“It’s incredibly rewarding to see the overwhelming love gamers have for our products, and the continued support of our retailer and licensor partners, including some of the largest gaming companies in the world,” said President and Cofounder Eric Bensussen. “PowerA will be in good company as part of ACCO Brands where it will maintain its pace of expansion as the gaming market continues its hypergrowth across all platforms, including mobile and cloud,” he added.
“We’re thrilled to congratulate Eric and the entire PowerA team for achieving this milestone and for their ongoing and unwavering passion, creativity and commitment to the world of gaming,” said CEO Coaching International Partner and Bensussen’s Coach Jacquie Hart.
PowerA creates innovative accessory products that enhance the world’s best video game and mobile technology experiences. A brand that has become known for high standards and quality manufacturing, PowerA delivers safe, feature-rich accessories to meet all gaming consumer segments. Accessories include console game controllers, power charging solutions, gaming audio headsets and a wide collection of other accessories. PowerA products are available across the globe at major retailers and e-commerce partners, including North America, Europe, Australia, and Latin America. To learn more, visit PowerA.com.
About CEO Coaching International
CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 1,000 CEOs and entrepreneurs in more than 60 countries and 45 industries. The coaches at CEO Coaching International are former CEOs, presidents, or executives who have made BIG happen. The firm’s coaches have led double-digit sales and profit growth in businesses ranging in size from startups to over $10 billion, and many are founders that have led their companies through successful eight, nine, and ten-figure exits. Companies working with CEO Coaching International for two years or more have experienced an average EBITDA CAGR of 67.8% during their time as a client, nearly four times the U.S. average and a revenue CAGR of 25.5%, more than twice the U.S. average.