Arcus Hunting LLC, a portfolio company of Bregal Partners, has closed its buy of Trophy Taker Inc, a provider of arrow rests, broadheads, and related accessories. No financial terms were disclosed.
COVINGTON, Ga. – June 8, 2016: Arcus Hunting, LLC, a Bregal Partners company, has completed its acquisition of Trophy Taker, Inc. (“Trophy Taker,” or the “Company”), a leading provider of arrow rests, broadheads, and related accessories. While Dan Evans, the Company’s founder, will continue to work on new product releases for Trophy Taker following the acquisition, he is also launching a new platform, Option Archery, to continue selling his newly released sights and quivers. Trophy Taker marks Arcus Hunting’s fifth investment in the archery space since November 2014.
“Trophy Taker’s industry-leading arrow rests and impressive lineup of broadheads will be welcome additions to the Arcus family,” said Scott Perekslis, Managing Partner and co-founder of Bregal Partners. Perekslis added, “We look forward to providing Trophy Taker’s loyal customers the added resources that the broader Arcus platform can bring to bear as we continue to pursue our strategy of building a leading player in the archery space.”
Trophy Taker’s founder, Dan Evans, added, “It is very exciting to see Trophy Taker join the Arcus family, and I look forward to helping the Arcus team design and bring to market new rest and broadhead designs, just as we have been doing for years. We appreciate all of our existing customers and look forward to continuing to serve them.”
Phil Robinson, President of Arcus Hunting, stated, “We have been tracking Trophy Taker for quite some time and are thrilled to have this truly premium brand as part of the offering to our retail and distribution partners and hunters in the field.”
Sidley Austin LLP and Hovey Williams LLP served as legal advisors to Bregal Partners and Arcus Hunting in the transaction. The terms of the transaction were not disclosed.
About Trophy Taker
Trophy Taker is a designer, sourcer, and marketer of arrow rests and broadheads as well as related accessories. The Company was founded in 1997 and released the very first Trophy Taker arrow rest utilizing a fall-away design. The Company has since released a number of industry-leading products, including its Shuttle T-LOK and Terminal T-LOK broadheads, as well as a series of related accessories. www.trophytaker.com
About Arcus Hunting
Arcus Hunting is an acquisition and organic growth platform seeking to build a strong portfolio of leading brands in the bowhunting and archery category. Through its brands, Tink’s, Dead Down Wind, Obsession Bows, Ramcat, and now Trophy Taker, Arcus markets and manufactures a range of leading deer lures, attractants, scent control products, premium bows, arrow rests, broadheads, replacement blades, quivers, and other archery accessories. www.arcushunting.com
About Option Archery
Option Archery is a new company formed in 2016 to design, source, and market the Option Sight and Quivalizer products designed by Dan Evans and launched by Trophy Taker at the end of 2015. This business will operate as an entirely separate legal entity from Arcus and Trophy Taker and will be fully owned by Dan and his wife, Karen.
About Bregal Partners
Bregal Partners is a private investment firm that invests alongside outstanding management teams to build industry leading companies in the middle market. Areas of focus include branded consumer products, food, energy services, and healthcare. With $600 million of committed capital funded by a sixth-generation family foundation with roots back to 1841, Bregal Partners brings experience, stability, and a long-term outlook to all of its investments. Bregal Partners is part of Bregal Investments, a global family of investment vehicles that has invested more than $10 billion since 2002. www.bregalpartners.com