Strategic Value Partners Acquires Revelyst for $1.125 Billion

Revelyst (Vista Outdoor) Acquires PinSeeker

March 25, 2024

Software

Revelyst, a segment of Vista Outdoor Inc., has acquired PinSeeker, a Wasserman portfolio company and a leading off-course golf simulator competition app. PinSeeker will be integrated into Foresight Sports within Revelyst’s Precision Sports Technology platform and its team will relocate to San Diego to accelerate Revelyst’s software and tournament offerings for off-course golf.

Next Sparc Growth Partners Invests in Revel Bikes

November 16, 2021

Consumer Products

Next Sparc Growth Partners, a professional family office based in Chagrin Falls, Ohio, has made a growth investment in Revel Bikes, an award-winning designer and maker of high-end full-suspension mountain bikes based in Carbondale, Colorado. The partnership provides capital and operational support to help Revel scale product development, distribution, and brand growth.

Czechoslovak Group (CSG) to Acquire The Kinetic Group from Vista Outdoor and Invest in Revelyst

September 24, 2024

Aerospace & Defense

Czechoslovak Group (CSG) has proposed a $2.15 billion acquisition of The Kinetic Group from Vista Outdoor and committed a $150 million investment in Revelyst for a 7.5% stake. Vista Outdoor stockholders were urged to approve the transaction; CSG positions the deal as a fully financed purchase that expands its defense and ammunition manufacturing capabilities in the United States while taking a minority stake in Vista Outdoor's outdoor brands business.

Strategic Value Partners Acquires Remaining Stake in IPC for Full Ownership

January 9, 2024

Telecommunications

Strategic Value Partners (SVP) has acquired the remaining 40% stake in IPC, resulting in full ownership of the mission-critical trading communications and network services provider. SVP — which had owned 60% since 2021 after leading a debt-reduction and recapitalization — cited confidence in IPC’s growth plan and will work with management to support the company’s next stage of growth.

Strategic Value Partners to Acquire Majority of Hornblower Group; Crestview Retains Minority

February 21, 2024

Transportation

Funds managed by Strategic Value Partners (SVP) will acquire majority ownership of Hornblower Group and provide $121 million of new equity while Crestview Partners will retain a significant minority stake and take sole ownership of Journey Beyond. The transaction is part of a broader financial restructuring that includes $300 million of DIP financing, approximately $720 million of debt reduction and the planned sale or wind-down of Hornblower’s American Queen Voyages unit to focus the business on core land- and water-based experiences.

Revelstoke Capital Partners Acquires Majority Stake in Empire Portfolio Group Holdings

January 6, 2021

Healthcare Services

Revelstoke Capital Partners, a Denver-based private equity firm, acquired a majority interest in Empire Portfolio Group Holdings, a leading Orangetheory Fitness franchisee and area representative. The investment will fund Empire's de-novo studio growth across the country and support strategic acquisition opportunities while founder and CEO Adam Krell retains a substantial ownership stake and remains CEO.