Revelyst Announces Sale of RCBS
Through this transaction, Revelyst found the right home for RCBS with Hodgdon, a market leader in American manufacturing, smokeless powder, clean black powder substitute and now reloading equipment.
- Through this transaction, Revelyst found the right home for RCBS with Hodgdon, a market leader in American manufacturing, smokeless powder, clean black powder substitute and now reloading equipment.
- “Under Hodgdon’s ownership, RCBS can continue its operational excellence, growth and scale across the shooting sports industry.”
The sale is effective immediately. - “Selling RCBS allows us to raise cash to create a more dynamic portfolio for our company’s future,” said Andy Keegan, CFO of Revelyst.
- “Revelyst will use proceeds from the sale to enhance the operational efficiencies of the company’s power brands, evaluate bolt-on acquisitions, and invest in maker-fueled innovation and organic growth.”
Baird served as exclusive financial adviser and Reed Smith LLP served as legal adviser to Revelyst on this transaction.