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ACQUISITIONS
12 Months Ended
Sep. 30, 2020
ACQUISITION  
ACQUISITION

2. ACQUISITIONS AND INVESTMENTS:

During fiscal 2020, the Company made a $10.0 million investment in Team Sledd LLC (“Team Sledd”) as discussed further in Note 7. During fiscal 2019, the Company acquired the assets (primarily inventory) from a wholesale distributor for approximately $1.1 million. No material intangible assets or liabilities were assumed in connection with this transaction and the Company does not consider this transaction material to the Company’s consolidated financial statements.