It was announced on June 5, 2018 that Rawlings was sold from Newell Brands to the Los Angeles-based private equity firm, Seidler Equity Partners (SEP) (which owns LA Fitness), with MLB a co-investor in the $395 million deal. Rawlings employs 150 people in the St. Louis area, and 1,200 globally. The deal was completed on July 2, 2018. Rawlings previously made some custom baseball gloves at its plant in Washington, Missouri, but no longer makes any baseball gloves in the United States, with the factory still open.