What Does Olympia Sports Do?

Total employees450
HeadquartersWestbrook
Founded1975

Olympia Sports was a regional American sporting goods retailer founded in 1975 by Edward Manganello. Headquartered in Westbrook, Maine, the company expanded to operate over 150 stores at its peak, primarily across the Northeast and Mid-Atlantic regions, offering a wide array of athletic footwear, apparel, and equipment. Known for its community-oriented approach and diverse product selection, Olympia Sports was a familiar name for athletes and families for over four decades. In 2019, private equity firm CriticalPoint Capital acquired Olympia Sports. Following the acquisition and subsequent strategic decisions, the company announced the liquidation of all its remaining stores in July 2022, ceasing operations by September 2022. Despite its closure, Olympia Sports is remembered as a significant regional player in the sporting goods retail sector.

Where Is Olympia Sports's Headquarters?

HQ Function

The Westbrook facility functioned as the central corporate office, handling administrative, merchandising, marketing, and operational oversight for the entire chain of retail stores. It likely also served as a key distribution hub.

Notable Features:

The headquarters was a substantial commercial property designed to support a large retail network, combining office space with warehousing capabilities. Specific unique architectural highlights are not widely publicized, but its scale was indicative of its role.

Work Culture:

As a company with deep roots in New England and family-founding origins, the work culture likely emphasized community engagement, customer service, and a shared passion for sports. Post-acquisition by private equity, the culture would have shifted towards restructuring and operational efficiency during its final years.

HQ Significance:

The Westbrook headquarters was the operational and strategic core of a major regional employer and a well-recognized sporting goods brand in the Northeast for many years, directing the activities of numerous retail locations.

Values Reflected in HQ: The headquarters' design and operations would have reflected values such as operational efficiency for retail support, a centralized command for a geographically dispersed store network, and a connection to its Maine heritage.

Location:

Olympia Sports' business operations were geographically focused within the United States, primarily serving the Northeast, Mid-Atlantic, and parts of the Midwest. The company did not maintain international retail stores or corporate offices. Any global functions would have been related to the procurement and sourcing of products from international suppliers and manufacturers, a standard practice in the retail industry, rather than direct global operational presence.

Street Address:

132 Saco Street

City:

Westbrook

State/Province:

Maine

Country:

USA

Where Else Does Olympia Sports Operate Around the World?

Various cities and towns, Northeastern & Mid-Atlantic USA

Address: Primarily mall-based and strip-center retail locations (over 150 at its peak)

To provide local communities with access to a diverse range of sporting goods, establish brand presence in various markets, and drive retail revenue for the company.

Buying Intent Signals for Olympia Sports

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Olympia Sports? Meet the Executive Team

As of April 2025, Olympia Sports' leadership includes:

Edward Manganello - Founder and Former Chairman
Richard Manganello - Former President (pre-acquisition)
Albert M. Fosco, Jr. - Former CEO (at the time of CriticalPoint Capital acquisition and during initial post-acquisition period)

Who's Investing in Olympia Sports?

Olympia Sports has been backed by several prominent investors over the years, including:

CriticalPoint Capital (CPC) - A private investment firm that acquired Olympia Sports in October 2019.

What Leadership Changes Has Olympia Sports Seen Recently?

Hire0
Exits0

Executive activity and news surrounding Olympia Sports in its final years were largely defined by its acquisition by CriticalPoint Capital in 2019 and the subsequent strategic decisions leading to the company's full liquidation in 2022. Most executive changes during this period would have been departures related to the winding down of operations.

Departures

All Remaining Executives, As part of the complete company shutdown and cessation of operations, all executive roles were eliminated, and the individuals in those positions departed.

What Technology (Tech Stack) Is Used byOlympia Sports?

Discover the tools Olympia Sports uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Olympia Sports Email Formats and Examples

As Olympia Sports ceased operations in 2022, its corporate email domain (olympiasports.net) is no longer active. The information below is based on common corporate email patterns and is for historical reference only.

[first_initial][last]@olympiasports.net or [first].[last]@olympiasports.net

Format

jdoe@olympiasports.net

Example

0%

Success rate

What's the Latest News About Olympia Sports?

WMTW News 8July 21, 2022

Olympia Sports announces it's closing all of its stores

Olympia Sports, a Maine-based sporting goods retailer, announced it will be closing all of its remaining 35 stores. Liquidation sales started immediately and were expected to conclude by the end of September 2022, marking the end of the company's 47-year history....more

SGB Media / Company Press ReleaseOctober 10, 2019

CriticalPoint Capital Acquires Olympia Sports

Private investment firm CriticalPoint Capital (CPC) announced its acquisition of Olympia Sports, which at the time operated 152 stores across the Northeast, Mid-Atlantic, and Midwest. The acquisition aimed to position the retailer for future growth and strengthen its market presence....more

Bangor Daily NewsSeptember 12, 2022

Olympia Sports to close its doors for good this month

Reports indicated that Olympia Sports was in its final weeks of operation, with store fixtures being sold off and a target date for full closure set for the end of September 2022, confirming the end of the liquidation process announced in July....more

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