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Announced

Completed

BRS completed the acquisition of a majority stake in Shearwater Research.

Synopsis

BRS, a private equity firm, completed the acquisition of a majority stake in Shearwater Research, a designer and manufacturer of high-quality dive computers and rebreather electronics. Financial terms were not disclosed. "BRS's experience and knowledge of bringing enthusiast consumer brands to a broader audience will be valuable as we seek to reach more customers with new products," Jim Hartt, Shearwater CEO.

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Market Context

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