Kamylon Capital has sold its portfolio company FeraDyne Outdoors, a maker of bow-hunting accessories, to Snow Phipps Group.
FeraDyne Outdoors designs, manufactures and sells a range of outdoors product brands in the bow-hunting and bow-fishing industries. The company’s brands include Rage Broadheads, RageCage Quiver, Nockturnal, Muzzy Broadheads and Tru-Fire. Feradyne Outdoors is headquartered in Cartersville, GA with an additional location in Fond du Lac, WI (www.ragebroadheads.com) (www.nockturnal.com) (www.muzzy.com) (www.trufire.com).
“Our work building FeraDyne from the ground up is quintessential Kamylon,” said Charles Lelon, founder and chief executive of Kamylon. “The success of FeraDyne is further evidence of the power of Kamylon’s managerial investment culture: where managers act like investors and investors act like managers.”
Since acquiring FeraDyne in 2011, Kamylon originated and integrated three add-on acquisitions, developed and introduced more than twenty products into the market, and executed several continuous improvement programs and initiatives that reduced costs and improved product quality.
“Kamylon Capital did a terrific job in helping us identify and acquire the high-quality companies and brands within the FeraDyne platform. Kamylon’s in-depth business systems and processes greatly assisted management in optimizing results company-wide. The Kamylon team personified teamwork, professionalism, integrity and a bias for action. It was a tremendous partner,” said Richard Krause, Chief Executive Officer of FeraDyne.
Kamylon Capital makes control equity investments in lower middle market businesses that have $8 million to $80 million in sales and $1 million to $8 million in cash flow. Sectors of interest include healthcare, wellness products and services, branded niche consumer products, media & information services, aviation products & services, transportation & logistics, specialty manufacturing, education & training, and business services. The firm is based near Boston in Wellesley Hills, MA (www.kamylon.com).
Snow Phipps makes control investments in companies primarily located in North America with enterprise values ranging from $100 million to $500 million that require equity investments ranging between $40 million and $100 million. The firm has $1.5 billion of assets under management and was co-founded by Ian Snow and Ogden Phipps in April 2005. Snow Phipps is headquartered in New York (www.snowphipps.com).
Kamylon was advised by investment bank Robert W. Baird & Co. DLA Piper provided transaction and general legal counsel, and Covington & Burling served as intellectual property counsel.
© 2014 PEPD • Private Equity’s Leading News Magazine • 5-1-14
