View By Date

Tags

Statistics

  • 367
    Blogs
  • 45
    Active Bloggers
21 blogs
  • 26 Jul 2016
                                                                        Smith & Wesson to Acquire Crimson Trace   Corporation Acquisition of Market Leader Provides Established Platform for Electro-Optics Business Smith & Wesson Establishes Fourth Division Closing Expected August 2016   SPRINGFIELD, Mass., July 25, 2016 -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leading manufacturer of firearms and a provider of quality accessory products for the shooting, hunting, and rugged outdoor enthusiast, today announced that it has signed a definitive agreement to acquire Crimson Trace Corporation (Crimson Trace), the industry leader in laser sighting systems and tactical lighting for firearms, for $95.0 million, subject to certain adjustments, utilizing cash on hand.   Crimson Trace has long been a key supplier of laser sighting systems for Smith & Wesson. For more than two decades, Crimson Trace has provided consumers, military units, and law enforcement officers around the globe with the world’s largest selection of award-winning laser sight and tactical light products. Crimson Trace offers more than 225 products and is widely recognized as the world’s leading brand of laser sights for firearms. Its award-winning innovations include the Lasergrips®, Laserguard®, and Rail Master® platforms. The company’s product line also includes the Defender Series®, Lightguard®, and its new LiNQ™ wireless activation system. Based in Wilsonville, Oregon, Crimson Trace operates from a 50,000 square foot , leased facility where it engineers and manufactures its products.   Crimson Trace was founded 22 years ago and has organically generated a ten year compound annual revenue growth rate in excess of 10%. The company maintains a product development team that has an established track record of launching high-quality, innovative laser sighting products. As a result, its products maintain a premium position with hundreds of independent retailers as well as large sporting goods retailers, including Cabela’s, MidwayUSA, Nation’s Best Sports, and internet retailer Optics Planet, Inc.   James Debney, Smith & Wesson President and Chief Executive Officer, said, “Crimson Trace provides us with an exceptional opportunity to acquire a thriving company that is completely aligned with our strategy to become a leader in the market for shooting, hunting, and rugged outdoor enthusiasts. As the undisputed leader in the market for laser sighting products, Crimson Trace serves as an ideal platform for our new Electro-Optics Division. Firearms purchasers frequently buy electro-optic accessories to enhance the capabilities and performance of their firearms. The growth that Crimson Trace has delivered is a testament to the high product quality and the robust product development capability that Lane Tobiassen, President and Chief Executive Officer of Crimson Trace, and his team have established. That capability, combined with Crimson Trace’s leadership position in the market for laser sights, provides a solid framework for organic and inorganic growth.”   Lane Tobiassen, who joined Crimson Trace in 2005, will serve as President of the new Electro-Optics Division of Smith & Wesson, and will report directly to Debney. The Crimson Trace management team and workforce, as well as its base of operations, will remain in Wilsonville, Oregon after the acquisition.   Tobiassen said, “It is a great honor to lead Crimson Trace into this exciting new chapter in our history by joining the Smith & Wesson team. Since 1994, we have designed and brought to market more than 225 products, all of which reflect the passion, dedication, and spirit of innovation of our design engineers, production workforce, customer service representatives, and marketing and sales professionals. As the new Electro-Optics Division of Smith & Wesson, we believe that our capabilities, combined with inorganic opportunities to acquire related technologies, will expand the reach of our existing market footprint. This makes us a great fit for Smith & Wesson, a legendary company with an iconic brand, world-class products, and markets that include consumer, law enforcement, and international channels. We look forward to offering consumers exceptional performance from two of the industry’s most trusted names.” Smith & Wesson will purchase all of the outstanding stock of Crimson Trace for $95.0 million, using existing cash balances. Crimson Trace is being acquired from Crimson Trace Holdings, LLC, which is owned by private equity firms Peninsula Capital Partners, LLC and VergePointe Capital, LLC; Lewis Danielson, the founder and Chairman of the Board of Crimson Trace; a small group of minority members; and certain members of management. Jeffrey D. Buchanan, Executive Vice President and Chief Financial Officer of Smith & Wesson, stated, “As a result of our strong balance sheet, we intend to complete the purchase of Crimson Trace with cash on hand and we expect the transaction to close in three to six weeks. After the closing date, we expect the acquisition to be accretive to Smith & Wesson’s earnings per share in fiscal 2017. Due to its anticipated timing, the transaction is expected to have no impact on Smith & Wesson’s operational and financial results for the fiscal 2017 first quarter ending July 31, 2016. As of the date of signing, Crimson Trace’s trailing 12 month revenue was approximately $44.0 million, of which approximately 25% was revenue from Smith & Wesson and would be excluded from our consolidated revenue. The purchase price represents an estimated multiple of approximately 5.9x the trailing 12 month adjusted EBITDAS of Crimson Trace. We look forward to providing additional details following the close of the transaction.” Cowen and Company, LLC is acting as exclusive financial advisor and Greenberg Traurig, LLP is acting as legal advisor to Smith & Wesson and its Board of Directors. Robert W. Baird & Co. is acting as exclusive financial advisor and K&L Gates LLP is acting as legal advisor to Crimson Trace and its owners.
    259 Posted by Chris Avena
  •                                                                     Smith & Wesson to Acquire Crimson Trace   Corporation Acquisition of Market Leader Provides Established Platform for Electro-Optics Business Smith & Wesson Establishes Fourth Division Closing Expected August 2016   SPRINGFIELD, Mass., July 25, 2016 -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leading manufacturer of firearms and a provider of quality accessory products for the shooting, hunting, and rugged outdoor enthusiast, today announced that it has signed a definitive agreement to acquire Crimson Trace Corporation (Crimson Trace), the industry leader in laser sighting systems and tactical lighting for firearms, for $95.0 million, subject to certain adjustments, utilizing cash on hand.   Crimson Trace has long been a key supplier of laser sighting systems for Smith & Wesson. For more than two decades, Crimson Trace has provided consumers, military units, and law enforcement officers around the globe with the world’s largest selection of award-winning laser sight and tactical light products. Crimson Trace offers more than 225 products and is widely recognized as the world’s leading brand of laser sights for firearms. Its award-winning innovations include the Lasergrips®, Laserguard®, and Rail Master® platforms. The company’s product line also includes the Defender Series®, Lightguard®, and its new LiNQ™ wireless activation system. Based in Wilsonville, Oregon, Crimson Trace operates from a 50,000 square foot , leased facility where it engineers and manufactures its products.   Crimson Trace was founded 22 years ago and has organically generated a ten year compound annual revenue growth rate in excess of 10%. The company maintains a product development team that has an established track record of launching high-quality, innovative laser sighting products. As a result, its products maintain a premium position with hundreds of independent retailers as well as large sporting goods retailers, including Cabela’s, MidwayUSA, Nation’s Best Sports, and internet retailer Optics Planet, Inc.   James Debney, Smith & Wesson President and Chief Executive Officer, said, “Crimson Trace provides us with an exceptional opportunity to acquire a thriving company that is completely aligned with our strategy to become a leader in the market for shooting, hunting, and rugged outdoor enthusiasts. As the undisputed leader in the market for laser sighting products, Crimson Trace serves as an ideal platform for our new Electro-Optics Division. Firearms purchasers frequently buy electro-optic accessories to enhance the capabilities and performance of their firearms. The growth that Crimson Trace has delivered is a testament to the high product quality and the robust product development capability that Lane Tobiassen, President and Chief Executive Officer of Crimson Trace, and his team have established. That capability, combined with Crimson Trace’s leadership position in the market for laser sights, provides a solid framework for organic and inorganic growth.”   Lane Tobiassen, who joined Crimson Trace in 2005, will serve as President of the new Electro-Optics Division of Smith & Wesson, and will report directly to Debney. The Crimson Trace management team and workforce, as well as its base of operations, will remain in Wilsonville, Oregon after the acquisition.   Tobiassen said, “It is a great honor to lead Crimson Trace into this exciting new chapter in our history by joining the Smith & Wesson team. Since 1994, we have designed and brought to market more than 225 products, all of which reflect the passion, dedication, and spirit of innovation of our design engineers, production workforce, customer service representatives, and marketing and sales professionals. As the new Electro-Optics Division of Smith & Wesson, we believe that our capabilities, combined with inorganic opportunities to acquire related technologies, will expand the reach of our existing market footprint. This makes us a great fit for Smith & Wesson, a legendary company with an iconic brand, world-class products, and markets that include consumer, law enforcement, and international channels. We look forward to offering consumers exceptional performance from two of the industry’s most trusted names.” Smith & Wesson will purchase all of the outstanding stock of Crimson Trace for $95.0 million, using existing cash balances. Crimson Trace is being acquired from Crimson Trace Holdings, LLC, which is owned by private equity firms Peninsula Capital Partners, LLC and VergePointe Capital, LLC; Lewis Danielson, the founder and Chairman of the Board of Crimson Trace; a small group of minority members; and certain members of management. Jeffrey D. Buchanan, Executive Vice President and Chief Financial Officer of Smith & Wesson, stated, “As a result of our strong balance sheet, we intend to complete the purchase of Crimson Trace with cash on hand and we expect the transaction to close in three to six weeks. After the closing date, we expect the acquisition to be accretive to Smith & Wesson’s earnings per share in fiscal 2017. Due to its anticipated timing, the transaction is expected to have no impact on Smith & Wesson’s operational and financial results for the fiscal 2017 first quarter ending July 31, 2016. As of the date of signing, Crimson Trace’s trailing 12 month revenue was approximately $44.0 million, of which approximately 25% was revenue from Smith & Wesson and would be excluded from our consolidated revenue. The purchase price represents an estimated multiple of approximately 5.9x the trailing 12 month adjusted EBITDAS of Crimson Trace. We look forward to providing additional details following the close of the transaction.” Cowen and Company, LLC is acting as exclusive financial advisor and Greenberg Traurig, LLP is acting as legal advisor to Smith & Wesson and its Board of Directors. Robert W. Baird & Co. is acting as exclusive financial advisor and K&L Gates LLP is acting as legal advisor to Crimson Trace and its owners.
    Jul 26, 2016 259
  • 20 Mar 2015
    FOR IMMEDIATE RELEASE Mar. 20, 2015                                                         GLOCK Releases Single Stack 9mm Concealed Carry   – The New G43 SMYRNA, Ga – (Mar. 20, 2015) -   Today GLOCK, Inc. announced the release of the new GLOCK single stack slimline 9mm pistol, the GLOCK 43. The G43 is the most highly desired and anticipated pistol release in GLOCKs history. Designed to be the answer to everyday concealed carry needs, the G43 is ultra-concealable, accurate, and comfortable for all shooters, regardless of hand size.   “The G43 is the most exciting product release to date because it addresses a variety of issues that many shooters face with pistols in the concealed carry category,” stated GLOCK, Inc., VP Josh Dorsey. “It will be the pistol of choice for law enforcement and civilians. The G43 sets a new standard for concealed carry pistols.   ” A true slimline pistol, the frame width of the G43 is just over one inch and the slide width measures only 0.87 inch. The overall length is 6.26 inches. For those who have smaller hands, the trigger distance is only 2.6 inches, making it ideal for functionality.   The single stack magazine holds 6 rounds and is the perfect concealed carry pistol for both duty and civilian use. The G43 is engineered to the same superior standards as all GLOCK pistols and the reliability instills confidence for all lifestyles.   The G43 will debut at the NRA Annual Meeting, April 10-12, 2015, in Nashville, Tenn., at the GLOCK booth (#633). Shipments of the product will begin directly following the convention.   The GLOCK Group is a leading global manufacturer of pistols and accessories. GLOCK's superior engineering has produced a pistol with only 34 parts and a rugged polymer-frame, providing industry-leading reliability shot after shot. GLOCK is renowned for its pistols which are safe, featuring three safeties; simple, offering a low number of components to provide reliability; and fast, with no encumbering parts to slow the speed to fire. This combination makes GLOCK pistols the first choice among consumers and law enforcement, with approximately 65 percent of agencies within the United States choosing to carry GLOCK. Austrian-engineered, the group has manufacturing facilities in the United States and Austria. Based in Smyrna, Ga., GLOCK, Inc. is an advocate for our nation's law enforcement and military personnel, as well as all citizens' Second Amendment right to bear arms. For more information, please visit http://us.glock.com/.
    3150 Posted by Chris Avena
  • FOR IMMEDIATE RELEASE Mar. 20, 2015                                                         GLOCK Releases Single Stack 9mm Concealed Carry   – The New G43 SMYRNA, Ga – (Mar. 20, 2015) -   Today GLOCK, Inc. announced the release of the new GLOCK single stack slimline 9mm pistol, the GLOCK 43. The G43 is the most highly desired and anticipated pistol release in GLOCKs history. Designed to be the answer to everyday concealed carry needs, the G43 is ultra-concealable, accurate, and comfortable for all shooters, regardless of hand size.   “The G43 is the most exciting product release to date because it addresses a variety of issues that many shooters face with pistols in the concealed carry category,” stated GLOCK, Inc., VP Josh Dorsey. “It will be the pistol of choice for law enforcement and civilians. The G43 sets a new standard for concealed carry pistols.   ” A true slimline pistol, the frame width of the G43 is just over one inch and the slide width measures only 0.87 inch. The overall length is 6.26 inches. For those who have smaller hands, the trigger distance is only 2.6 inches, making it ideal for functionality.   The single stack magazine holds 6 rounds and is the perfect concealed carry pistol for both duty and civilian use. The G43 is engineered to the same superior standards as all GLOCK pistols and the reliability instills confidence for all lifestyles.   The G43 will debut at the NRA Annual Meeting, April 10-12, 2015, in Nashville, Tenn., at the GLOCK booth (#633). Shipments of the product will begin directly following the convention.   The GLOCK Group is a leading global manufacturer of pistols and accessories. GLOCK's superior engineering has produced a pistol with only 34 parts and a rugged polymer-frame, providing industry-leading reliability shot after shot. GLOCK is renowned for its pistols which are safe, featuring three safeties; simple, offering a low number of components to provide reliability; and fast, with no encumbering parts to slow the speed to fire. This combination makes GLOCK pistols the first choice among consumers and law enforcement, with approximately 65 percent of agencies within the United States choosing to carry GLOCK. Austrian-engineered, the group has manufacturing facilities in the United States and Austria. Based in Smyrna, Ga., GLOCK, Inc. is an advocate for our nation's law enforcement and military personnel, as well as all citizens' Second Amendment right to bear arms. For more information, please visit http://us.glock.com/.
    Mar 20, 2015 3150
  • 22 May 2014
  • May 22, 2014 1337
  • 20 May 2014
    PRESS STATEMENT  GUNWATCHER - The Ultimate Gun Buying Search Engine May 16, 2014 GUNWATCHER is the ultimate search engine tool for today’s gun enthusiast. You can search for guns that are in stock and go directly to the sellers website. You can compare prices and products directly on the site to look for the best deal and find exactly what you want. GUNWATCHER allows you to search for guns, magazines and Class-3 products on auctions, in stores and in classifieds. GUNWATCHER is your one stop shop.  You also have the ability to register and sign up on GUNWATCHER to create a user profile so that you may save your searches for future references. You can check out current and popular deals that stores are running at that time. You can also find rare and obscure items that are hard to find elsewhere. GUNWATCHER is the fastest way to check online stores and compare pricing for the best deal. If you are a gun store owner, you can have your website added to GUNWATCHER, and have it indexed and pull all of your content and products into the site faster to help you be found by more people.  GUNWATCHER is the Google shopping search engine for gun people. Check it out today to find your AK, HK or Class-3 UZI in stock, quickly and compare pricing for the best deal.  SKYPE: brianroyce AIM: bmrsitebiz SITEBIZ Address: 1824 Spring St. #133, Houston Texas, 77007
    1813 Posted by Chris Avena
  • PRESS STATEMENT  GUNWATCHER - The Ultimate Gun Buying Search Engine May 16, 2014 GUNWATCHER is the ultimate search engine tool for today’s gun enthusiast. You can search for guns that are in stock and go directly to the sellers website. You can compare prices and products directly on the site to look for the best deal and find exactly what you want. GUNWATCHER allows you to search for guns, magazines and Class-3 products on auctions, in stores and in classifieds. GUNWATCHER is your one stop shop.  You also have the ability to register and sign up on GUNWATCHER to create a user profile so that you may save your searches for future references. You can check out current and popular deals that stores are running at that time. You can also find rare and obscure items that are hard to find elsewhere. GUNWATCHER is the fastest way to check online stores and compare pricing for the best deal. If you are a gun store owner, you can have your website added to GUNWATCHER, and have it indexed and pull all of your content and products into the site faster to help you be found by more people.  GUNWATCHER is the Google shopping search engine for gun people. Check it out today to find your AK, HK or Class-3 UZI in stock, quickly and compare pricing for the best deal.  SKYPE: brianroyce AIM: bmrsitebiz SITEBIZ Address: 1824 Spring St. #133, Houston Texas, 77007
    May 20, 2014 1813
  • 15 Jan 2013
    Media Day 2013 – Mia at the range by Mia Anstine Brutal. That is how I would describe Media Day yesterday. Range day was, as always, run professionally and the suppliers were great. The weather just wasn't cooperative. I hear it was 32 degrees, but the wind howled so it felt like -30. I did get a little shooting time in between the times of shivering [...] Read more of this post
    993 Posted by Mia Anstine
  • Media Day 2013 – Mia at the range by Mia Anstine Brutal. That is how I would describe Media Day yesterday. Range day was, as always, run professionally and the suppliers were great. The weather just wasn't cooperative. I hear it was 32 degrees, but the wind howled so it felt like -30. I did get a little shooting time in between the times of shivering [...] Read more of this post
    Jan 15, 2013 993
  • 21 Nov 2012
    Recoil – Reducing shooting flinch by Mia Anstine In sighting in my Little Gal's rifle for her elk hunt I noticed she had developed a flinch. She was anticipating the recoil when shooting her rifle. It was significantly decreasing her shooting accuracy. Her shots were all over the target, and some were even missing it entirely. I have tried a couple of teaching techniques to help reduce her [...] Read more of this post
    1326 Posted by Mia Anstine
  • Recoil – Reducing shooting flinch by Mia Anstine In sighting in my Little Gal's rifle for her elk hunt I noticed she had developed a flinch. She was anticipating the recoil when shooting her rifle. It was significantly decreasing her shooting accuracy. Her shots were all over the target, and some were even missing it entirely. I have tried a couple of teaching techniques to help reduce her [...] Read more of this post
    Nov 21, 2012 1326
  • 18 Oct 2012
    Shooting Safety – Nothing to joke about by Mia Anstine NEVER USE ALCOHOL OR DRUGS WHILE HANDLING A FIREARM I tend to be a jokester. I like to make light of a lot of things. However, the people who are close to me know very well there are things I do NOT joke about. One important one is shooting safety. I take the responsibility of [...] Read more of this post
    942 Posted by Mia Anstine
  • Shooting Safety – Nothing to joke about by Mia Anstine NEVER USE ALCOHOL OR DRUGS WHILE HANDLING A FIREARM I tend to be a jokester. I like to make light of a lot of things. However, the people who are close to me know very well there are things I do NOT joke about. One important one is shooting safety. I take the responsibility of [...] Read more of this post
    Oct 18, 2012 942
  • 15 Aug 2012
    Fun day in Albuquerque: learn to hunt, fish and shoot by Mia Anstine This sure sounds like a lot of fun! If you are in the area. Be sure to take your kids. Don't pass it up. FOR IMMEDIATE RELEASE, AUG. 14, 2012: FREE FUN! LEARN TO HUNT, FISH, SHOOT AND MORE AT OUTDOOR EXPO ALBUQUERQUE – Have you ever wanted to feel what it’s like to shoot a [...] Read more of this post
    856 Posted by Mia Anstine
  • Fun day in Albuquerque: learn to hunt, fish and shoot by Mia Anstine This sure sounds like a lot of fun! If you are in the area. Be sure to take your kids. Don't pass it up. FOR IMMEDIATE RELEASE, AUG. 14, 2012: FREE FUN! LEARN TO HUNT, FISH, SHOOT AND MORE AT OUTDOOR EXPO ALBUQUERQUE – Have you ever wanted to feel what it’s like to shoot a [...] Read more of this post
    Aug 15, 2012 856
  • 27 Jul 2012
    Mia & the Little Gal: Adventure Camp post up at the WON Posted on July 27, 2012 by Mia Anstine Guess what?!A new post is up at the WON. Head over there and let us know what YOU’VE been doing this summer. Mia & The Little Gal: A very special adventure camp July 27, 2012 by Women’s Outdoor News Leave a Comment The Little Gal and I have been experiencing an amazing, whirlwind of a summer. We hope you have been enjoying yours as well. We already shared some of oursummer vacation with you, but summer did no…Read more of this post at:  http://www.womensoutdoornews.com/2012/07/mia-the-little-gal-a-very-special-adventure-camp/ Getting kids outside! ….. Don’t forget to read about Mia & the Little Gal’s adventures at the Women’s Outdoor News Visit Prois Hunting for hunting and field apparel for women. Visit TenPoint Crossbows for “the mark of perfection” in crossbows Advertisements on this site are random and do not express or represent the opinion of Mia Anstine.
    7597 Posted by Mia Anstine
  • Mia & the Little Gal: Adventure Camp post up at the WON Posted on July 27, 2012 by Mia Anstine Guess what?!A new post is up at the WON. Head over there and let us know what YOU’VE been doing this summer. Mia & The Little Gal: A very special adventure camp July 27, 2012 by Women’s Outdoor News Leave a Comment The Little Gal and I have been experiencing an amazing, whirlwind of a summer. We hope you have been enjoying yours as well. We already shared some of oursummer vacation with you, but summer did no…Read more of this post at:  http://www.womensoutdoornews.com/2012/07/mia-the-little-gal-a-very-special-adventure-camp/ Getting kids outside! ….. Don’t forget to read about Mia & the Little Gal’s adventures at the Women’s Outdoor News Visit Prois Hunting for hunting and field apparel for women. Visit TenPoint Crossbows for “the mark of perfection” in crossbows Advertisements on this site are random and do not express or represent the opinion of Mia Anstine.
    Jul 27, 2012 7597
  • 28 Jun 2012
    Shooting safety tip – June 2012 by Mia Anstine As an instructor and mentor to new shooters I notice things shooters are doing. One thing that I notice on every firing line, video, television show and movie is where the shooters trigger finger is. Keep your finger out of the trigger guard until you are ready to shoot. Keep your finger off the trigger until [...] Read more of this post
    1288 Posted by Mia Anstine
  • Shooting safety tip – June 2012 by Mia Anstine As an instructor and mentor to new shooters I notice things shooters are doing. One thing that I notice on every firing line, video, television show and movie is where the shooters trigger finger is. Keep your finger out of the trigger guard until you are ready to shoot. Keep your finger off the trigger until [...] Read more of this post
    Jun 28, 2012 1288
test