Carpe Diem Growth Capital received court approval on the purchase of the assets of Sherwood-Drolet

    RICHMOND HILL, ON, June 19 /CNW/ - Carpe Diem Growth Capital announced
today it has received court approval to purchase all the business assets
relating to the Sher-Wood and SWD branded hockey sticks as well as all hockey
related equipment currently manufactured and or distributed by Sherwood-Drolet
Ltd in Sherbrooke, PQ.
    "We are elated that we have the opportunity to re-energize the Sher-Wood
brand," said Dean Topolinski, Principal, Carpe Diem Growth Capital. "Since the
late 1940's, Sher-Wood sticks have remained the choice for hockey
professionals and players that aspire to achieve their best. We are passionate
about building on that solid foundation to create a value driven company that
meets the needs of our customers, employees, suppliers and other business
partners worldwide."
    The company has been renamed Sher-Wood Hockey Inc. The company also
announced today it has appointed Mr. Ralph Trott, as President and CEO of
Sher-Wood Hockey Inc. "His extensive background as a senior executive in
retailing and distribution is well recognized. He provides strong leadership
to spearhead the rapid development and implementation of the company's
go-forward business strategy," added Topolinski.
    Sher-Wood Hockey Inc. now has the financial strength to rapidly see its
SWD and Sher-Wood marketing efforts gain traction in the marketplace.

    Founded in 1949, Sherwood-Drolet sought protection from creditors in May
2008. In addition to hockey sticks, the company distributed protective gear
including pads, gloves, blockers and pants for hockey players and goalies.

    Carpe Diem Growth Capital is a Greater Toronto Area based privately held
investment company.

For further information:

For further information: Felicia Shiu, Weber Shandwick, (416) 642-7970,; Megan Johnson, Weber Shandwick, (416) 642-7905,; Andrew Leopold, Weber Shandwick, (416) 642-7949,

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