Daisy Manufacturing Acquires Crosman from Compass Diversified
April 30, 2024
Daisy Manufacturing Company, a portfolio company of private equity firm BRS & Co., has acquired Crosman Corporation, the air gun division of Velocity Outdoor (owned by Compass Diversified). The deal is an add-on acquisition for Daisy; terms were not disclosed and proceeds to the seller will be used for debt repayment and general corporate purposes.
- Buyers
- Daisy Manufacturing Company, BRS & Co.
- Targets
- Crosman Corporation
- Sellers
- Compass Diversified (CODI), Velocity Outdoor, Inc.
- Platforms
- Daisy Manufacturing Company
- Industry
- Consumer Products
- Location
- New York, United States
- Transaction Type
- Addon
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