MBA News
Bushnell Outdoor Products Acquires Night Optics USA
Night Optics was Represented by MBA
Overland Park, Kan., August 31, 2011 — MidOcean Partners, a leading middle market private equity
fund, and Bushnell Outdoor Products, a worldwide leader in
sports optics, premium eyewear, and outdoor accessories, today
announced that Bushnell has acquired Night Optics USA, Inc. of
Huntington Beach, Calif. Terms of the purchase agreement were
not disclosed.
Founded by brothers Ilya and Israel
Reyngold, who have more than 18 years of experience in the
night vision industry, Night Optics USA is widely recognized
as an innovative industry leader and provider of professional
quality night vision and thermal technologies for commercial,
law enforcement and military applications.
“Night Optics USA has built an
exceptional reputation within the night vision industry by
exceeding the highest standards in both product quality and
customer service,” said Blake Lipham, Bushnell President and
CEO. “This is an exciting acquisition for Bushnell, as it not
only allows us to add another reputable brand to our
organization; it enhances our product portfolio in the law
enforcement, military and security markets.”
“Our
mission at Night Optics USA is to provide premium quality
equipment at competitive prices while achieving the highest
levels of customer service and satisfaction,” added Ilya
Reyngold, Night Optics USA President. “Our continuously
evolving product line incorporates the latest technological
developments and end-user input. Partnering with Bushnell
gives us an exciting opportunity to further that mission and
continue our track record of success while expanding
globally.”
MidOcean Partners acquired Bushnell in
Aug. 2007 and has added several complementary brands to the
company’s portfolio during the last four years, including
acquisitions of Millett and Simmons in 2008.
“Bringing
Night Optics USA into the Bushnell family of brands is a
continuation of our goal to grow the company through strategic
acquisitions. Bushnell and Night Optics USA share a reputation
for quality, service and innovation with their industry
partners and customers,” said David Basto, MidOcean Partners
Managing Director.
Night Optics USA was represented
by Mergers & Business Acquisitions, Inc. (M&BA)
(www.AerospaceManufacturers.com). M&BA acted as the exclusive
Sale-Side Investment Banker for this transaction.
Bushnell Outdoor Products is a global
manufacturer and marketer of branded consumer products based
in Overland Park, Kansas. Bushnell Outdoor Products sells its
products worldwide under the Bushnell®, Tasco®, Serengeti®,
Bollé®, Uncle Mike’s Law Enforcement®, Stoney Point®,
Hoppe’s®, Butler Creek®, Cébé®, Millett®, Uncle Mike’s®, Final
Approach® and Simmons® brand names.
For information about any of these brands
or products, please contact Bushnell Public Relations at (913)
752-6105.
MidOcean Partners is a premier private
equity firm focused on the middle market. MidOcean is
committed to investing in high quality companies with stable
market positions and multiple opportunities for growth.
MidOcean utilizes a broad foundation of expertise in its ocus
industries and its transatlantic platform to create value for
its investors and partners. For more information about
MidOcean Partners, please visit www.midoceanpartners.com.