Myers Family Investments, an investment family owned firm, completed the acquisition of Red Paddle, a stand-up paddleboard company, from Gresham House Ventures, a growth equity investor. Financial terms were not disclosed. "Gresham House Ventures and the Mobeus VCTs have been a pleasure to work with and the perfect partners over the last few years. Thanks to Clive and the wider team for having the confidence to back us in the management buy-out and the ongoing belief in the brand and product," John Hibbard, Red Paddle Founder.