Platinum Equity Completes Deal For Pelican Products

Platinum Equity announced the completion of its acquisition of Pelican Products, the maker of protective cases for professionals and outdoor enthusiasts. Pelican CEO Phil Gyori will continue to lead the company following the transaction.

Wilson Combat Acquires Lehigh Defense

Lehigh Defense will join other Wilson-owned companies Chip McCormick Custom, Circle WC Ranch, Khumba Bush Camp, Scattergun Technologies, Wilson Custom Ammunition, and Wilson Combat to expand the group’s presence in the firearms and hunting marketplace.

Emerald Acquires MJBiz

Emerald Holding, Inc. announced that it has completed the acquisition of MJBiz, the event producer and content platform serving a wide range of companies operating in the cannabis industry.

Active Lifestyle Stocks Churn Out Robust Gains in 2021

With many companies continuing to see benefits from changed behaviors due to the pandemic, the wide majority of active lifestyle stocks soared to new heights in 2021. Among the big winners were Academy Sports + Outdoors, up 113.3 percent; Dick’s Sporting Goods and Crocs, both ahead 104.6 percent; Shoe Carnival, 99.5 percent; Vista Outdoor, 93.9 percent; and Clarus Corp., up 80.0 percent.

Escalade To Acquire Brunswick Billiards

Escalade Inc. announced the signing of a definitive agreement to purchase the assets of the Brunswick Billiards business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP.

Garmin Acquires Vesper Marine

Garmin, Ltd. announced it has acquired Vesper Marine, a privately-held provider of AIS, VHF and vessel monitoring solutions for the marine industry. 

Clarus Appoints COO And CFO

Clarus Corp. announced that Aaron J. Kuehne has been promoted to the new role of executive vice president and chief operating officer and Michael J. Yates has been appointed as chief financial officer.

Life Time Fitness Survey Finds More Positive Outlook On Health And Fitness Habits

Life Time’s annual year-end survey found that 40 percent of respondents indicated their health was better in 2021 compared to 2020 versus 23 percent who said their health had gotten worse. This is a significant improvement from Life Time’s 2020 survey when nearly 70 percent of respondents reported that their health had been negatively impacted.