Academy Sports + Outdoors is an American sporting goods discount store chain. Academy carries an extensive line of name-brand equipment and clothing and shoes for competitive sports, physical fitness training, and outdoor recreational activities such as camping, hunting, fishing, and boating. Academys company headquarters are located in Katy, Texas, outside Houston. For 74 years it was a privately held company owned by the Gochman family, until its May 2011 acquisition by the long-time Wall Street investment firm Kohlberg Kravis Roberts. Academy operates about 225 stores throughout Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. Academy Sports & Outdoors came into existence in 1938, when Arthur Gochman and his business partner purchased Southern Sales, a San antonio-based army-navy surplus chain comprising six stores that were by that year no longer making any profit. At the time, Gochman was a practicing attorney in San Antonio. He had not been formally educated as a businessman, but he had learned much about the surplus retail business from his father, Max Gochman, who had owned a surplus goods outlet in San Antonio and in 1935 still owned and operated a small chain of stores in Austin.