Marucci Sports, a Baton Rouge-based company famed for its baseball bats used by roughly a third of major league players, has sold in a deal worth more than half-a-billion dollars.

Fox Factory Holding Corp. announced Thursday it was buying Marucci parent company Wheelhouse Holdings for $572 million. Fox Factory Holding mostly produces products for bikes and off-road vehicles.

"The acquisition of Marucci combines two high performance cultures, industry-leading brands and product portfolios that expand FOX’s enthusiast offering," the announcement read in part. 

Marucci Sports last changed ownership in 2020 in a $200 million deal.