BHG Ventures completed the acquisition of Sportsman's Guide.

BHG Ventures, an investment company, completed the acquisition of Sportsman's Guide, an online sporting goods and equipment retailer. Financial terms were not disclosed. “This is an exciting opportunity for our team and customers. A renewed focus on our companies will create exciting opportunities for our employees and bring additional investment and growth to enhance our customer experience. Our base of customers will benefit from the stability and investment of the next generation of our company’s ownership,” Franz Weiglein, Sportsman’s Guide CEO.