Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Friendly
Single Bidder
Private Equity
Private
Domestic
United States
Majority
outdoor equipment
Clothing and Accessories
Synopsis
JDH Capital, a private investment firm based in Houston, completed the acquisition of the Precision Sport Segment from Clarus, a global company focused on the outdoor and consumer enthusiast markets, for $175m. The Company sold its Precision Sport segment for approximately $175m and used a portion of the proceeds to retire in full all of the Company’s outstanding debt as of February 29, 2024.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.