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New Deal


Announced

Completed

Seawall Capital-backed Kent Outdoors completed the acquisition of BOTE and Kona Bicycles.

Synopsis

Private equity firm Seawall Capital-backed Kent Outdoors, an outdoor equipment and accessories brand, completed the acquisition of BOTE, a manufacturer of paddle boats, and Kona Bicycles, a manufacturer of bicycles. Financial terms were not disclosed. “Kent Outdoors is - and always has been - a place where passionate founders can grow their brands. We believe in autonomy with accountability for our brands: we provide targeted support behind the scenes, while giving each brand the independence to grow to their full potential. Our goal is to make space for visionary founders to create, build, and better connect with one another, and with their customers," Ken Meidell, Kent Outdoors CEO.

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