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Centre Partners-backed MacNeill Pride Group completed the acquisition of Klymit.

Synopsis

Centre Partners-backed MacNeill Pride Group, a diversified global designer and manufacturer of outdoor products and sporting goods, completed the acquisition of Klymit, an outdoor gear designer. Financial terms were not disclosed. "Klymit’s distinctive outdoor products, authentic brand, and innovation-focused culture are a natural fit with our growing platform of outdoor brands. This acquisition expands our portfolio into new, complementary markets, enabling our brands to meet multiple consumer needs as they spend more time outside. This clearly furthers our goal of providing consumers with brands that enhance every outdoor experience so they want to come back again and again," Keith Bornholtz, MPG CEO.

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