West Marine To Go Private
West Marine Inc. has reached an agreement to be acquired by Monomoy Capital Partners, a New York-based private equity fund, for $12.97 per share in cash, which represents a total equity value of $338 million.
American Sportfishing Association Elects Board Of Directors Members
Four members of the American Sportfishing Association (ASA) were elected to fill two regional seats and two At-Large seats on the board of directors.
Lew’s Fishing Promotes Gary Remensnyder To CEO
Do Outdoors, LLC, also known as Lew’s Fishing, a leading supplier of branded fishing reels, rods, and related accessories, announced that Gary Remensnyder has been promoted to chief executive officer. Lynn Reeves will remain actively involved in the business as chairman
American Outdoor Brands Q4 Profits Slide
American Outdoor Brands Corp,, formerly Smith & Wesson, reported earnings on an adjusted basis declined 11.9 percent as lower gross margins offset a modest increase in sales.
Crosman Names Dave Jenner Director Of Business Development
Previously, Jenner served in executive roles for Maurice Sporting Goods for more than a decade.
C-MAP Names Head Of Digital Marine Solutions And C-MAP Group
Most recently, Sean Fernback was CEO of the open platform locations company Here, where he managed its divestiture from parent company Nokia.
Yeti Sues Three More Companies For Infringement
Yeti has filed lawsuits in the U.S. District Court in Austin against three more companies – RELYMedia, CreekFire and Nine Line Apparel – for selling items that are not unlike the Rambler tumbler that Yeti is known for, according to the Austin Statesman.
Remington Outdoor’s Debt Ratings Cut
Said Kevin Cassidy, senior credit officer at Moody’s Investors Service, “We feel that Remington’s capital structure is becoming unsustainable due to the uncertainty over its ability to refinance debt that comes due in less than two years.”
NASGW Names Camfour CEO Malcolm Getz To Board
Along with the addition of Getz, current directors Laurie Aronson and Stefanie Zanders have taken on new positions.
Academy Sports Opens Store In Paducah, KY
Academy Sports + Outdoors opened its first location in Paducah, KY, its ninth store opening this year.
Survey: Americans Divided Over Gun Policy Issues
According to a comprehensive survey from Pew Research Center, a majority of Americans (52 percent) would like to see stricter gun laws, while 18 percent think gun laws should be less strict than they are today.
KL Outdoor-GSC Appoints CEO
KL Outdoor-GSC, a New Water Capital portfolio company, stated that outdoor sports and recreation industry veteran Charles L. “Chuck” Smith has been named chief executive officer.
Koenig Acquires Chamber-View Holdings
Chamber-View LLC., manufacturer of visual firearm safety products for shotguns, AR rifle platforms and pistols, has been acquired by X-Ring Productions LLC.
Sig Sauer Hires VP Of Marketing
Sig Sauer Inc., the maker of handguns, rifles, ammunition, electro-optics and other hunting accessories, hired Allen McCormick as VP of marketing.
Bass Pro Names New President For Boat Division
Bass Pro Shops appointed Les Crawford as the new president of White River Marine Group, which until now was known as Tracker Marine.
