Sale to Smith & Wesson Holding Corporation
Baird served as the exclusive financial advisor to Battenfeld Technologies, Inc. on this transaction.
AboutBattenfeld Technologies, Inc. (“Battenfeld” or the “Company”), a portfolio company of Clearview Capital, LLC (“Clearview”), was recently acquired by Smith & Wesson Holding Corporation (“Smith & Wesson”) (NASDAQ-GS: SWHC) for approximately $130.5 million.
Battenfeld is a leading designer and marketer of branded hunting and shooting accessories. The Company offers an extensive portfolio of innovative products such as shooting rests and benches, gun vises, cleaning accessories, gunsmithing tools, speed loaders, reloading accessories and vault accessories. The Company’s brand portfolio includes the Caldwell line of shooting supplies, which has represented one of the industry’s leading innovators in shooting accessories for more than 14 years. The Company also sells products under six other well-known brand names, including Wheeler, Tipton, Frankford Arsenal, Lockdown, BOG-POD and Golden Rod. Battenfeld is headquartered in Columbia, Missouri.
Clearview is a leading private equity firm that invests in and develops mid-sized, North American companies in partnership with management. Clearview invests exclusively alongside management in manufacturing, service and distribution companies that have dominant market positions and strong prospects for growth. Clearview is based in Old Greenwich, Connecticut.
Smith & Wesson is a United States-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement and consumer markets. Brands include Smith & Wesson®, M&P® and Thompson/Center Arms™. Smith & Wesson is headquartered in Springfield, Massachusetts.
For additional information about this transaction, please contact:
- December 2014
- Battenfeld Technologies, Inc.
- Target Location
- North America
- Acquiror Location
- North America