Strategic Value Partners (“SVP”), a global alternative investment firm, has completed the acquisition of Revelyst, a collective of prominent outdoor and technology brands, for $1.125 billion. This all-cash transaction signifies SVP’s confidence in Revelyst’s potential for growth and innovation within the outdoor recreation industry.
Strategic Value Partners: A Catalyst for Revelyst’s Growth
This acquisition provides Revelyst with substantial resources to accelerate its ongoing transformation, known as “GEAR Up.” The initiative focuses on enhancing operational efficiency, fostering innovation, and driving growth across its portfolio of iconic brands. SVP’s investment will empower Revelyst to further develop cutting-edge products and solidify its leadership position in the market.
David Geenberg, Head of North American Corporate Investments at SVP, expressed strong belief in Revelyst’s brand portfolio and the ongoing efforts to strengthen its platform and operations. He emphasized SVP’s commitment to leveraging its operational resources and network to unlock Revelyst’s full potential and drive further success. SVP’s strategic value partners approach aims to provide not only financial capital but also operational expertise and strategic guidance to its portfolio companies.
Transaction Details and Future Outlook
Revelyst stockholders received $20.12 per share in cash, and the company’s common stock has ceased trading on the New York Stock Exchange. This acquisition marks a significant milestone for both companies. Revelyst gains a strategic value partners committed to its long-term growth, and SVP adds a valuable asset with significant potential in a dynamic market.
The partnership between Revelyst and its strategic value partners at SVP is poised to reshape the landscape of the outdoor recreation industry. By combining Revelyst’s established brands and innovative product development with SVP’s financial strength and operational expertise, the combined entity is well-positioned for continued growth and market leadership. The focus on innovation and operational excellence will likely lead to new product introductions and expanded market reach in the coming years.
About Revelyst and Strategic Value Partners
Revelyst is a collective of world-class brands designing and manufacturing performance gear and precision technologies for outdoor enthusiasts. Its portfolio includes renowned brands like Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, and Simms Fishing.
SVP is a global alternative investment firm with approximately $19 billion in assets under management. The firm specializes in special situations, private equity, opportunistic credit, and financing opportunities, employing a combination of sourcing, financial, and operational expertise to unlock value in its investments.
Conclusion
The acquisition of Revelyst by strategic value partners SVP represents a significant investment in the outdoor recreation industry. With SVP’s backing, Revelyst is expected to accelerate its growth trajectory, further solidifying its position as a leader in the market. The transaction underscores the value of strategic partnerships in driving innovation and creating value within the dynamic landscape of the outdoor sector.
