M&A Deal Summary

Elvisridge Capital Acquires FINS Fishing

On February 16, 2022, private equity firm Elvisridge Capital acquired consumer products company FINS Fishing

Acquisition Highlights
  • This is Elvisridge Capital’s 2nd transaction in the Consumer Products sector.
  • This is Elvisridge Capital’s 3rd transaction in the United States.
  • This is Elvisridge Capital’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2022-02-16
Target FINS Fishing
Sector Consumer Products
Buyer(s) Elvisridge Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

FINS Fishing

Erlanger, Kentucky, United States
FINS Fishing is a manufacturer of high-performance fishing line and non-fishing line braids such as kayak control lines, spearfishing lines, and cords used in the automotive industry, specializing in producing small diameter braids of high-performance fiber. BBS is a maker of braided fishing lines sold under the brand FINS Fishing. FINS Fishing is based in Erlanger, Kentucky.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

Elvisridge Capital is a private investment firm focused on sportfishing and landscape product companies. The Firm looks to acquire majority positions in profitable companies with $200k to $3 million of EBITDA. In addition to providing equity capital, the Firm will also selectively consider providing mezzanine/secured debt financing. Elvisridge Capital was formed in 2017 and is headquartered in Beachwood, Ohio.


DEAL STATS #
Overall 3 of 5
Sector (Consumer Products) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 3 of 5
State (Kentucky) 1 of 1
Country (United States) 3 of 5
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-02 SurfaceLogix

Pompano Beach, Florida, United States

SurfaceLogix provides decorative and maintenance care products for pavers, stone and concrete surfaces. From factory floors to penthouse patios, from Disney World to luxury hotels, and from the Middle East to the Caribbean. SurfaceLogix coatings, sealants, and interlocking paver systems beautify concrete surfaces. SurfaceLogix was founded in 1950 and is based in Pompano Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-26 Glacier Glove

Reno, Nevada, United States

Glacier Glove is a manufacturer of gloves and other apparel for the fishing and hunting industries. Glacier Glove utilizes quality fabrics and designs to provide warmth, dexterity, and protection to make the outdoor experience more comfortable for fishermen, hunters, paddlers, cyclists, ice climbers, hikers, and other outdoor adventurers. Glacier Glove also produces hats, sun hoods, and other sun protection products to help customers extend their outdoor experiences. Glacier Glove was founded in 1982 and is based in Reno, Nevada.

Buy -