Key Sells Big Rock Stake

Key Principal Partners has sold its investment in Big Rock Sports to senior company executives and Bison Capital Asset Management. Big Rock is a Newport, N.C.-based distributor of hunting, fishing, shooting, marine and camping equipment and supplies. It received $13.1 million in common stock and subordinated debt in 2000 from KPP, as part of a recapitalization led by JPMorgan Partners.