Platinum Equity, a private equity firm, agreed to acquire GSM Outdoors, a branded outdoor enthusiast company, from Gridiron Capital, a private equity firm. Financial terms were not disclosed. "The sector is characterized by an attractive combination of resilience, growth potential and M&A opportunities, which suits our firm well. We believe GSM’s distribution network, experience bringing new products to market, rigorous quality control and care for its customers position it well to capitalize on those dynamics and diversify its portfolio to meet the growing demand," Louis Samson, Platinum Equity Co-President.