BRS Buys Spain-Based Airguns Maker from MCH Private Equity

MCH Private Equity has sold Gamo Outdoor, S.L. to Bruckmann, Rosser, Sherill & Co, a New York-based private equity firm. No financial terms were disclosed for the transaction, which closed on August 2, 2013. Harris Williams & Co, a middle-market investment bank, served as advisor to Gamo. Based in Barcelona, Spain, Gamo is a producer of airguns.

PRESS RELEASE

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Gamo Outdoor, S.L. (Gamo), a Barcelona-based manufacturer of premium airguns, to Bruckmann, Rosser, Sherrill & Co. (BRS). Gamo was a portfolio company of MCH Private Equity, S.L. (MCH). Harris Williams & Co. acted as an advisor for Gamo management and shareholders. The transaction closed on August 2, 2013 and was led by Thierry Monjauze from Harris Williams & Co.’s London office and Eric Logue from the firm’s Richmond office.
“Gamo is the fourth cross-border transaction Harris Williams & Co. has executed in the last six months and it demonstrates the increased interest we are seeing for cross-border acquisitions, especially by US-based middle market private equity funds,” said Thierry Monjauze, a managing director at Harris Williams & Co. “We expect this trend to continue in the coming years.”
“We enjoyed working with the management of Gamo and MCH, who have built a market leader with best-in-class products and a culture of innovation,” added Eric Logue, a vice president at Harris Williams & Co. “BRS will be a great partner and we look forward to watching Gamo’s continued success as it pursues its global growth opportunities,” added Thierry Monjauze.
Headquartered in Barcelona, Spain, Gamo is a leading provider of premium airguns, pellets and related accessories to the outdoor enthusiast market. Gamo is globally-recognized for quality, craftsmanship and innovation and sells its products in more than 50 countries.
Established in 1998 and headquartered in Madrid, Spain, MCH is a private equity firm that advises MCH Iberian Capital Fund I, II and III, with total funds under management of more than €500 million. MCH is one of the five largest independent private equity groups in Spain. Since its founding, MCH has participated in more than 30 venture capital deals (LBOs, Growth Capital, etc.) in diverse economic sectors, which include specialized machinery and industries, services, consumer products and distribution.
BRS is a New York-based private equity firm with $1.4 billion of committed capital under management in three investment partnerships, focused on investing in middle market consumer goods and services businesses. Since 1996, BRS has purchased more than 40 portfolio companies for aggregate consideration of more than $6.4 billion. In addition, BRS portfolio companies have completed approximately $1.9 billion of add-on acquisitions.
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.

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