AUSTIN, Texas — Lew’s Holdings Company (“Lew’s”), a portfolio firm of Peak Rock Cash, a major middle sector non-public equity firm, announced today that it has acquired Strike King Lure Enterprise (“Strike King”), a major provider of branded fishing lures, sun shades, and other fishing accessories.
Established in 1964, Strike King is an legendary brand name in the fishing field. The company’s revolutionary item portfolio features wire baits, hard and smooth plastic lures, terminal deal with, sun shades, and similar fishing accessories. Headquartered in Collierville, Tennessee, Strike King benefits from an exceptional crew of personnel, professional team, and producing associates.
Peter Leibman, Taking care of Director of Peak Rock Cash, claimed, “We are thrilled to have the option to make investments in the mix of the Lew’s and Strike King manufacturers. The manufacturers and item traces are really complementary, and we’re thrilled to further guidance the speedy development of the over-all firm, while in search of further acquisitions. I’d like to individually thank Lynn Reeves, Chairman of Lew’s, for his aid in introducing us to the Strike King management crew.”
Gary Remensnyder, CEO of Lew’s commented, “Similar to Lew’s, Strike King has been immensely thriving mainly because of its concentration on item innovation, fantastic marketing and advertising, and exceptional support to its retail associates and individuals. Lew’s and Strike King share a typical eyesight to provide slicing-edge items to anglers and most effective-in-course support to their retail associates. John Barns and Allan Ranson along with their focused personnel, professional team, and producing associates have performed a great occupation driving development at the firm, and we are thrilled that John and Allan will continue to be associated with the firm going forward.”
As aspect of the transaction, Ken Eubanks will turn into President of Lew’s while continuing in his recent purpose as CEO of Hunters Specialties. Ken has practically fifteen many years of experience in outside similar organizations, such as, prior to Hunters Specialties, his purpose as Senior Vice President and Common Supervisor, Americas for Pure Fishing.
MidCap Fiscal delivered funding for the transaction.
ABOUT STRIKE KING Lure Enterprise
Strike King is a Collierville, Tennessee centered provider of fishing lures, terminal deal with, sun shades, and accessories. The firm materials a variety of wire, smooth, and hard baits to the mass sector, sporting products, and specialty outside channels. For further details about Strike King, be sure to visit www.strikeking.com.
ABOUT LEW’S HOLDINGS Company
Lew’s Holdings Company is a Springfield, Missouri centered outside shopper items firm with a portfolio of manufacturers, such as Lew’s, Strike King, Mr. Crappie, Hunters Specialties, and Buck Bomb. The firm materials branded fishing and searching gear and accessories via the mass sector, sporting products, and specialty outside channels.
ABOUT PEAK ROCK Cash
Peak Rock Cash is a major middle-sector non-public equity firm that tends to make equity and personal debt investments in corporations in North The usa and Europe. Peak Rock focuses on investing in opportunities in which it can guidance senior management in driving speedy development and financial gain advancement via operational and strategic modify. Peak Rock’s principals have deep experience in elaborate predicaments and cross-border transactions, with the ability to provide personalized funds remedies and shut transactions swiftly in which speed and certainty are priorities. For further details about Peak Rock Cash, be sure to visit www.peakrockcapital.com.
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