We are pleased to announce that SRP Advisors, LLC initiated the transaction and acted as financial advisor to Battenfeld Technologies, Inc. in connection with the acquisition of Hooyman Saws. Battenfeld is an industry leading manufacturer of shooting, reloading, gunsmithing and gun cleaning supplies which became a subsidiary of Smith & Wesson Holding Corporation in December 2014. Battenfeld manufactures accessories under several popular brands including Caldwell Shooting Supplies, Wheeler Engineering, Tipton Gun Cleaning Supplies, Lockdown Vault Accessories, Frankford Arsenal, Non-Typical Wildlife Solutions and others. Hooyman Saws is a manufacturer of extendable tree saws designed for the hunting and outdoor industry. Hooyman Saws was founded in 2008 when Andrew Hooyman and his family developed a unique tree saw that functioned as both an extendible saw and a folding saw. Battenfeld Technologies plans to locate Hooyman operations in its Columbia, MO facility.
This transaction extends the successful track record of SRP Advisors working with leading companies in the sporting goods and outdoor accessories market.
““We are proud that our original product concept has grown to become a leading brand in the hunting and outdoor industry, a success that we owe to both product innovation and to our loyal customer base. We look forward to the Battenfeld Technologies team taking Hooyman Saws to its next level of success with new product developments and a continuation of the exceptional service and support that our customers have enjoyed.”
Founder, Hooyman Saws
For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-936-2511.
About Battenfeld Technologies, Inc.
Headquartered in Columbia, MO, Battenfeld Technologies Inc. is a leading designer, developer and supplier of branded shooting and hunting accessories to the outdoor sporting goods industry. Battenfeld is known for its industry-leading product innovation and brand names, including: Caldwell Shooting Supplies, Wheeler Engineering, Tipton Gun Cleaning Supplies, Lockdown Vault Accessories, Past Recoil Protection, Non-Typical Wildlife Solutions and others. Battenfeld Technologies is a subsidiary of Smith & Wesson Holding Corporation. For more information on Battenfeld Technologies, visit www.btibrands.com.
About Smith & Wesson Holding Corporation
Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement, and consumer markets. The company’s brands include Smith & Wesson, M&P, and Thompson/Center Arms. Smith & Wesson facilities are located in Massachusetts, Maine, and Connecticut. For more information on Smith & Wesson, visit www.smith-wesson.com.
About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. SRP Advisors also provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. Contact Sean Prendergast, Managing Partner at 818-936-2511 or visit www.SRPAdvisorsLLC.com.