Solo Brands Acquires TerraFlame

Solo Brands Acquires IcyBreeze Cooling

July 1, 2023

Consumer Products

Solo Brands (NYSE: DTC) has acquired IcyBreeze Cooling, a Sweetwater, Texas-based maker of portable air-conditioning and cooler products. The deal closed on July 1, 2023 and brings IcyBreeze’s D2C portable cooling products into Solo Brands’ outdoor lifestyle portfolio to expand its product capabilities and distribution reach.

Brandt Information Services Acquires Terra Technology Group

March 17, 2022

Software

Brandt Information Services, a NexPhase Capital-backed provider of outdoor recreational licensing and reservation software, has acquired Terra Technology Group (TTG), a SaaS provider of outdoor licensing and recreational solutions. The acquisition integrates TTG's platform with Brandt's Go Outdoors product to expand capabilities for government agencies managing licenses, permits and reservations; financial terms were not disclosed.

Blackford Capital Acquires Starfire Direct

November 14, 2022

E-Commerce

Blackford Capital, a lower middle-market private equity firm, has acquired Starfire Direct, a Temecula-based direct-to-consumer leader in the patio and hearth market. The deal is the first investment in Blackford's 'Patio Consolidation' platform and will keep Starfire's management in place while pursuing organic growth, improved operations and further add-on acquisitions.

American Outdoor Brands Acquires Grilla Grills

March 10, 2022

Consumer Products

American Outdoor Brands, a publicly traded outdoor-products company, agreed to acquire privately owned Grilla Grills for $27 million in cash (approximately $24 million after tax benefit). The acquisition gives American Outdoor Brands a direct-to-consumer barbecue brand and entry into the U.S. barbecue grill market to expand its outdoor lifestyle product category.

Solo Stove Creates Solo Brands with Acquisitions of Chubbies Shorts, Oru Kayak and ISLE

September 3, 2021

Consumer Products

Solo Stove (forming the Solo Brands platform) has acquired Chubbies Shorts, Oru Kayak and ISLE to create a house of direct-to-consumer outdoor lifestyle brands. The platform is majority-owned by private equity firm Summit Partners and will pursue shared DTC capabilities, fulfillment and technology synergies across the brands.

TRM Equity Acquires Assets of Innovative Hearth Products

January 26, 2023

Building Products

TRM Equity II, a Michigan-based private equity firm, acquired substantially all of the assets of Innovative Hearth Products (IHP) on January 26, 2023. IHP is a manufacturer of indoor and outdoor fireplaces, stoves, gas logs, inserts, venting products and accessories with production facilities in Russellville, Alabama and Auburn, Washington; it generated about $87 million of revenue in 2022 and employs approximately 350 people.