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Money & Power 2025
The Hockey News has been providing the most comprehensive coverage of the world of hockey since 1947. In each issue, you'll find news, features and opinions about the NHL and leagues across North America and the world.
CCM SALE = $600M CDN**
SWEDISH PRIVATE-equity firm Altor Equity Partners, headquartered in Stockholm, acquired the majority of CCM, reportedly co-investing with CCM’s existing management team for a valuation of approximately $600 million Cdn. Andreas Kallstrom Safwerang, a partner at Altor and head of their consumer sector, is the point person for their ownership stake in CCM. The seller was Toronto-based private-equity firm Birch Hill Equity Partners, who acquired CCM from Adidas in 2017 for a reported $110 million U.S. In May 2024, CCM hired Robert W. Baird & Co. Limited, and they launched a sale process that generated interest from private-equity firms and others. On Oct. 2, it was announced that another private-equity firm, Altor, had agreed to acquire the majority interest in CCM, partnering with the CCM management team, who will reinvest their shares in…
DALLAS STARS
OWNERSHIP TOM GAGLARDI CANADIAN HOTEL AND restaurant magnate Tom Gaglardi has been the owner of the Dallas Stars through his holding company, Northland Properties, since 2011. In later transactions, Northland also purchased the AHL’s Texas Stars and the WHL’s Kamloops Blazers. The Vancouver-based Gaglardi came into his fortune after his father, Bob Gaglardi, founded the Sandman hotel chain and the Moxie’s restaurant chain. The Gaglardi family also owns the rights to the Denny’s franchise name in Canada. Gaglardi has continued to use Dallas as a growth base for all of his business lines. Northland Living, a new spin-off, recently purchased land in downtown Austin to develop a condo building and 40 acres in suburban Austin for mixed-use development. That’s a departure from the familiar hotel space, which sees Gaglardi own properties in downtown Fort…
COLIN CAMPBELL
AGE: 71 / TOP 100: 18 NHL SENIOR EXECUTIVE VP, DIRECTOR OF HOCKEY OPERATIONS W. GRAEME ROUSTAN: When you made the NHL, that must have been pretty exciting for you and your family. COLIN CAMPBELL: I went to the (WHA’s) Vancouver Blazers my first year in pro hockey then jumped back to Pittsburgh, who had drafted me, after one year. But it was a good year of hockey. I got to play with Bobby Hull and Gordie Howe. It was better than the minor leagues. I think there were only 16 teams at the time, so it wasn’t easy to make it to the NHL. WGR: You played in the NHL and you coached in the NHL. Then you went from behind the bench to the front office. Is that how it happened? Gary…
BILL DALY
W. GRAEME ROUSTAN: Every day is a gift when you’re in the hockey business. BILL DALY: Correct. That’s the way I feel. I really do. WGR: Yeah, so do I. There is really no other business I’d ever want to be involved in, because every day you wake up and it’s something you love, right? BD: Yeah, I love coming to work every day. My workload is different. There’s a diversity of items you have to deal with and situations you have to manage, and it’s a challenge, but it’s a fun challenge. WGR: I’d like to talk a little bit about international hockey because it’s in the news now. In the last year, there’s been big strides. The NHL is working with the IIHF and so forth. What’s the latest going on with…
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