Vista Outdoor to acquire Fox Racing from Altamont Capital Partners for $590m.

Vista Outdoor, an American designer, manufacturer, and marketer of outdoor sports and recreation products, agreed to acquire Fox Racing, an American extreme sports, protective equipment and lifestyle clothing brand, from Altamont Capital Partners, a private equity firm, for $590m. "Altamont has been proud to partner with the Fox Racing team to build upon the legacy and leadership of the brand. Altamont believes in making purposeful, long-term investments that allow us to build strong businesses through collaborative work with our partners. We are grateful for the leadership of CEO Jeff McGuane and all the efforts of the entire Fox Racing family. We are proud of what we accomplished together over the course of our partnership," Keoni Schwartz, Altamont Capital Partners Co-Founder and Managing Director.