Weinberg Capital Group Acquires Drake Waterfowl Systems; Northstar Capital Provides Financing
September 22, 2021
Weinberg Capital Group has acquired Drake Waterfowl Systems, a branded outdoor apparel company for hunters and anglers. Northstar Capital provided subordinated debt and an equity co-investment to help finance the transaction alongside Weinberg. The deal positions Drake for growth as a consumer outdoor-apparel platform under Weinberg's ownership.
- Buyers
- Weinberg Capital Group, Northstar Capital
- Targets
- Drake Waterfowl Systems
- Sellers
- Weinberg Capital Group
- Industry
- Consumer Products
- Location
- Mississippi, United States
- Transaction Type
- Buyout
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