Clearview Capital Fund II has acquired Battenfeld Technologies in a management buyout transaction. Headquartered in Columbia, MO, Battenfeld is a designer, developer and supplier of branded shooting and hunting accessories to the outdoor sporting goods industry.
Clearview Capital Fund II, LP announced today the acquisition, in partnership with management, of Battenfeld Technologies, Inc., a leading designer, developer and supplier of branded shooting and hunting accessories to the outdoor sporting goods industry.
Headquartered in Columbia, MO, 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’s management team has led the Company through an impressive period of growth over the last several years. Jim Gianladis, Battenfeld’s Vice President of Products & Marketing, commented, “We are extremely excited about the future growth of Battenfeld. We have always been committed to designing high quality, innovative products and look forward to continuing that legacy as a part of the Clearview Capital family.”
The acquisition of Battenfeld marks Clearview’s fourth platform acquisition in the last 12 months. “The last year has been a busy time for us and we’re very excited to add Battenfeld to our portfolio,” said Calvin Neider, Managing Partner of Clearview. “Battenfeld’s management team has done a terrific job developing the Company’s reputation for cutting-edge product innovation, and we are looking forward to partnering with the team to guide the Company through the next stage of its growth.”
In addition to capitalizing on Battenfeld’s rapid organic growth rate, Clearview intends to seek add-on acquisitions to take advantage of the Company’s sophisticated infrastructure and ability to provide high quality service to a demanding base of customers.
Mesirow Financial acted as the exclusive financial advisor to Battenfeld in its sale to Clearview. Andrew Carolus, Managing Director of Mesirow, said, “Clearview is a knowledgeable financial sponsor committed to growing the Company. The Clearview team moved expeditiously throughout the process, closing the transaction 52 days from the signing of the letter of intent.”
Clearview’s other holdings include GCR, Inc., a professional services firm delivering consulting services and technology solutions to governmental and commercial clients; Child Health Holdings, Inc., d.b.a. Pediatric Healthchoice, the country’s largest operator of prescribed pediatric extended care centers; Pyramid Healthcare, Inc., a provider of in-patient and out-patient behavioral health services; The Results Companies, LLC, a Business Process Outsourcing (“BPO”) provider of customer management solutions; All Tech Inspection Inc./IESCO, LLC, providers of inspection and non-destructive testing services to the refining, petrochemical market and other industrial process industries; Rowmark, LLC, a manufacturer and marketer of specialty plastic sheet and related products for the awards/recognition, engraving and signage markets; Air Cooled Exchangers, LLC, a manufacturer of air cooled heat exchangers used in natural gas compression applications; Senior Care Centers of America, Inc., the country’s largest operator of adult day care centers; Hillsdale Furniture, LLC, a designer and importer of wood and metal furniture; and a minority interest in Compression Polymers Group, the leading extruder of thick gauge polyolefin and PVC sheet, including AZEK® brand trim boards.
About Clearview Capital
Clearview Capital, LLC is a private investment firm based in Old Greenwich, CT that invests in and develops mid-sized, North American companies in partnership with management. Clearview invests exclusively alongside management in service, distribution and niche manufacturing companies that have dominant market positions and strong prospects for growth. The firm’s principals have a long history of assisting strong management teams in the execution of their growth strategies.
About Mesirow Financial
Mesirow Financial is a diversified financial services firm headquartered in Chicago. Celebrating its 75th anniversary this year, the firm remains independent and employee-owned with approximately 1,200 employees globally. With expertise in Investment Management, Global Markets, Insurance Services and Consulting, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals.