Academy Sports + Outdoors was founded in 1938 by Arthur Gochman. This chain of national discount stores offers sporting goods and outdoor accessories. In 2011, Kohlberg Kravis Roberts & Company acquired this company's retail stores. Academy generates more than $4.9 billion in annual revenue. The company employs approximately 17,000 employees in 15 states. Academy continues to thrive in the sporting goods industry because of its competitive prices and quality items. Its corporate headquarters are located near Katy, Texas.