M&A Deal Summary

Bass Pro Shops and WRMG Acquire Hobie

On September 25, 2025, Bass Pro Shops and WRMG acquired retailer Hobie

Acquisition Highlights
  • This is Bass Pro Shops’ 2nd and WRMG’s 1st transaction in the Retail sector.
  • This is Bass Pro Shops’ 3rd and WRMG’s 2nd transaction in the United States.
  • This is Bass Pro Shops’ 1st and WRMG’s 1st transaction in California.

M&A Deal Summary

Date 2025-09-25
Target Hobie
Sector Retail
Buyer(s) Bass Pro Shops
WRMG
Deal Type Add-on Acquisition

Target

Hobie

Oceanside, California, United States
Hobie designs and manufactures water sports equipment. Hobie's product lines include small catamaran sailboats, kayaks, stand‑up paddleboards, pedal‑driven watercraft, and related accessories. Hobie is based in Oceanside, California.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Bass Pro Shops

Springfield, Missouri, United States

Category Company
Founded 1972
Sector Retail
DESCRIPTION
Bass Pro store in Council Bluffs, Iowa.
Bass Pro store in Council Bluffs, Iowa.

Bass Pro Shops is a US retailer of specialty equipment, apparel and supplies to outdoor enthusiasts. The Company also markets and sells boats and other marine accessories. Bass Pro Shops was formed in 1972 and is headquartered in Springfield, Missouri.


DEAL STATS #
Overall 3 of 3
Sector: Retail M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Cabela s

Sidney, Nebraska, United States

Cabela’s is a marketer and retailer of hunting, fishing, camping, shooting sports and related outdoor merchandise. Cabela’s has over 85 specialty retail stores, primarily in the western US and Canada as well as a catalog business and e-commerce operations. Cabela's was formed in 1961 and is headquartered in Sidney, Nebraska.

Buy $5.5B
Buyer

WRMG

Springfield, Missouri, United States

Category Company
Sector Marine
DESCRIPTION

WRMG is a large builder of fishing and recreational boats. WRMG is also a member of Springfield, Missouri-based Bass Pro Group, an organization that includes Bass Pro Shops and Cabela’s.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Hatteras Yachts

New Bern, North Carolina, United States

Hatteras Yachts is a designer and manufacturer of fiberglass sports fishing convertibles, motor yachts, and cruising yachts in various models.

Buy -