Seawall Capital, LLC announced that it has acquired Kent Water SportsHoldings, LLC and its related entities for an undisclosed amount. Founded in 1959 and based in New London, OH, Kent Water Sports is a diverse platform of action sports brands with a broad product set.

The transaction closed on December 31, 2020.

The company’s portfolio of more than 15 brands including HO/Hyperlite, Connelly, O’Brien, Liquid Force, Onyx, Aquaglide, Barefoot/Fatsac, and Arbor Snowboards (managed by agreement with the Arbor Collective).

“As we look towards the next phase of growth at Kent Water Sports, we could not be more excited about our partnership with Seawall Capital,” said John Archer, CEO at Kent. “We believe their investment in our platform will provide the capital, resources and expertise necessary to accelerate the next phase of our strategic growth plan for the business.”

Matt Eby, the managing partner at Seawall Capital, stated “We are thrilled to launch this new partnership with the team at Kent Water Sports. The Archer family has built an amazing platform in Kent. We look forward to working closely with the entire team at Kent to help them grow the business both organically and through future acquisitions.”

Houlihan Lokey acted as exclusive financial advisor to Kent Water Sports. Kegler Brown Hill + Ritter and Critchfield, Critchfield & Johnston Ltd. served as legal advisors to Kent. Dechert LLP served as legal counsel to Seawall Capital.

Photo courtesy Kent Water Sports