|
Charlotte, NC – October
29, 2007 – Bison Capital Equity Partners II, L.P.,
(“Bison Capital”) has sponsored a recapitalization
of Big Rock Sports, LLC (“Big Rock”). The
transaction enabled the senior management team, led by President
and CEO Ed Small, to acquire a majority interest in the company. Big
Rock, through six facilities, is North America’s largest
distributor of fishing and shooting sports equipment, offering
more than 100,000 SKUs to nearly 15,000 independent specialty
and mass retail accounts.
“All of us at Big Rock Sports are excited
to partner with Bison Capital in conjunction with a management
buyout of the Company. The transaction demonstrates
the commitment that Big Rock’s management team has
to our customers, vendor partners, associates, and the sporting
goods industry overall. Bison’s investment philosophy
and approach to the transaction was a unique fit with our
company’s strategic objectives,” commented Ed
Small.
According to Louis Bissette, Partner at Bison
Capital, “We are partnering with an outstanding team
at Big Rock Sports. Their dedication to both customers
and vendors is unmatched in the industry, and the company
is well-positioned to build further upon its current rapid
growth. We are looking forward to being a part of Big
Rock’s bright future.”
Bison Capital makes growth equity investments
in middle-market companies, public or private, for expansion,
acquisitions or balance sheet restructuring. The firm’s
primary investment focus is partnering with entrepreneurs
and management teams seeking capital to grow their businesses.
|