Retail Acquisitions in Oregon

Backcountry, a specialty outdoor retailer headquartered in Park City, Utah, has acquired Velotech, a Portland-based e-commerce cycling retailer that operates BikeTiresDirect, Western Bikeworks, and TriSports. Velotech will continue operating its existing websites independently while Backcountry and Velotech plan to collaborate on product assortment, content, and fulfillment to expand Backcountry's presence in the U.S. cycling market.

The Riverside Company has acquired Bishops Cuts/Color, a Portland, Oregon–based franchise haircare provider with more than 40 locations across the United States. Riverside intends to grow Bishops' footprint nationally and use the business as a franchising platform to add additional personal care services brands.

Camping World Holdings, Inc. announced it will acquire Funtime RV, an Oregon-based dealer operating locations in Tualatin, Sandy and Klamath Falls. The deal is expected to close in Q3 2023 and will expand Camping World's Oregon footprint to nine locations, strengthening its market position in the state.

Camping World Holdings, Inc. has agreed to acquire All Seasons RV in Bend, Oregon, a deal expected to close in Q2 2023. The acquisition increases Camping World’s Oregon footprint to six locations and adds a showroom, parts/accessories and full-service offerings in Central Oregon.

C-A-L Ranch Stores and Coastal Farm & Home have entered a definitive merger to create a combined farm & ranch retail platform operating 54 stores across six Western U.S. states with over 2,200 associates. Nolan Capital — the majority partner of Coastal — will retain a majority stake in the combined business; Tom Yearsley (CEO of C-A-L) will lead the combined company and Larry Hayward (Del Mar Ventures) will serve as non-executive chairman.

Nolan Capital acquired a majority stake in Coastal Farm & Ranch, the Pacific Northwest farm-and-home retailer headquartered in Albany, Oregon. Longtime owner Buzz Wheeler retains an ownership stake and the existing management team remains in place as Nolan Capital and participating investors (Del Mar Ventures and Ted Nark) plan to support growth and scale the business across the Western U.S.

Stem Holdings, Inc. (d/b/a Driven By Stem) acquired Artifact Extracts, a cannabis extraction company based in Oregon, along with two dispensaries and Salem delivery capabilities. The transaction expands Stem's concentrates production capabilities and West Coast retail footprint, enabling integration of Artifact's product lines into Stem's brands and rollout of its Budee delivery platform in Salem and Eugene.

Bish's RV, a family-owned RV dealer group headquartered in Meridian, Idaho, has acquired Guaranty RV Super Centers, a long-standing family-owned RV dealership in Junction City, Oregon. FOCUS Investment Banking represented the Nill family in the sale, which Bish's said was the best cultural fit to continue the Nill family legacy and preserve continuity for employees and customers.

Traction Capital Partners, a Pacific Northwest permanent equity firm, has acquired Portland-based Stumptown Mattress from founders Michael and Mary Ruth Hanna. The buyers said they plan to build on Stumptown’s retail and growing e‑commerce platform in the Portland and Greater Pacific Northwest markets; financial terms were not disclosed.

Camping World Holdings agreed to acquire All RV Needs, a South Medford, Oregon RV dealer, and will rebrand the location as Gander RV. The acquisition expands Camping World’s retail footprint in Oregon to five SuperCenters and supports the company’s local growth and customer service strategy.

TSI US Holdings Co., Ltd., the U.S. subsidiary of Japan-based TSI Holdings Co., Ltd. (TYO: 3608), acquired an 88% majority stake in action-sports retailer Tactics. Co-founders Bob Chandler, Matt Patton, and Shawn Gilliam retain minority ownership and will continue as senior executives (Chandler named CEO); the deal gives TSI greater penetration into the action sports/streetwear market across e-commerce and retail channels.