Escalade to acquire Gold Tip from Revelyst.

Escalade, a manufacturer of archery, sporting goods, fitness, and indoor/outdoor recreation equipment, agreed to acquire Gold Tip, a company specializing in hunting and crossbow components, from Revelyst, a collective of brands that design and manufacture sports technology and outdoor gear. Financial terms are not disclosed. "The sale of Gold Tip and Bee Stinger allows us to further concentrate our focus on our key categories and brands while accelerating our investments in sports technology and gear. Escalade is a natural home and owner for the Gold Tip and Bee Stinger business, and I'm thrilled these brands will be in their capable hands," Eric Nyman, Revelyst CEO.