Deal Details

Simms Is Acquired by Vista Outdoor 

---

Summary

About

Simms is a premium fishing brand and leading designer, marketer and manufacturer of waders, outerwear, footwear and technical apparel. The Company was founded in 1980 and later acquired in 1993 by K.C. Walsh, its current Executive Chairman. Walsh’s initial vision for Simms was to create the most beloved brand in sport fishing that could marry his passion for angling with his commitment to fisheries conservation. This vision has endured as Simms is now one of the most highly innovative fishing gear and apparel companies and a purpose-driven brand that resonates with consumers across the globe. The Company’s products are used by more than 8,500 Simms-sponsored fishing professionals and are distributed through specialty retail stores, both domestically and internationally, and directly to consumers through the Company’s website. Simms is headquartered in Bozeman, Montana.

Castanea is a middle-market private equity firm that works in partnership with founders and management teams of innovative passion brands to grow their businesses through a combination of capital investment and operating expertise. Castanea provides equity capital to companies in industry sectors where they have leadership, advisory and investing experience and seek to partner with promising small to middle market companies in branded consumer products and services with passionate customer bases and highly differentiated brands. Castanea is headquartered in Newton, Massachusetts.

Vista Outdoor is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Vista Outdoor serves a broad and diverse range of consumers around the globe, including outdoor enthusiasts, golfers, cyclists, backyard grillers, campers, hunters, recreational shooters, athletes, as well as law enforcement and military professionals. Vista Outdoor’s reporting segments, Outdoor Products and Sporting Products, provide these consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. Vista Outdoor’s operating model leverages shared resources across brands to achieve levels of excellence and performance that would be out of reach for any one brand on its own. Brands include Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more. Vista Outdoor products are sold at leading retailers and distributors across North America and worldwide. Vista Outdoor is headquartered in Anoka, Minnesota.

---

CONTACT US TO LEARN MORE