JDH Capital Company, a private investment firm based in Houston, Texas, recently announced its acquisition of Pure Archery Group, a leading manufacturer of premium archery products.
“Pure Archery Group is a leading manufacturer of premium archery products with a reputation for excellence, a dedicated customer base and a history of growth,” said Jason C. Rebrook, CEO of JDH Capital. “The addition of Pure Archery to our portfolio is complementary to other investments we've made in the outdoor products industry, and it underscores our confidence in both the company's many leading brands and the outdoor products industry as a whole.”
Pure Archery Group, known as Bowtech until 2020, owns and operates several leading archery brands including Bowtech, Diamond, Excalibur, Black Gold, TightSpot, RipCord, and Octane. Headquartered in Eugene, Oregon, the company is focused on the design and manufacturing of durable, accurate, high-performance bows, crossbows and archery accessories distributed worldwide. Current production locations span prominent sporting goods hubs, including Oregon, Montana, Michigan and Ontario (Canada).
“This is an exciting new chapter in our business," said Rob Kass, CEO at Pure Archery Group. “We have always been singularly focused on producing the best archery products in the world, and that isn't going to change. With the additional resources and expertise that JDH Capital brings to our team, we have never been better positioned to deliver on that promise.”
PRADCO Outdoor Brands Hires Director of Mergers and Acquisitions
PRADCO Outdoor Brands recently announced the appointment of Brett Basik as director of mergers and acquisitions. Basik will play a crucial role by leading PRADCO's efforts to acquire new brands and develop new partnerships.
“I am very excited for Brett to join PRADCO,” said PRADCO Outdoor Brands President Robert Schoenvogel. “He will accelerate our business development and acquisition-focused initiatives in this new role on our senior leadership team.”
With more than 10 years of experience, Basik brings a strong background in accounting, investment banking, and entrepreneurship to PRADCO. Basik received a bachelor of science in business administration in accountancy from Auburn University; he began his career at EY where he worked as a senior associate. He later earned his MBA from The University of Virginia's Darden School of Business and spent several years working as an investment banker. He also served in the Army Reserves for over 8 years.
Basik is already engaging with multiple transactions currently in the company's pipeline, as well as seeking new opportunities, from early-stage growth investments to bolt-on acquisitions to entirely new platforms.
“PRADCO has an impressive history of successful growth through acquisition, coupled with a long-term investment mindset,” he said. “My vision is to build upon this legacy and bring meaningful growth to PRADCO through the acquisition of like-minded businesses that want to continue to succeed with us for decades to come.”
PRADCO Outdoor Brands is a family owned company and subsidiary of EBSCO Industries. Brands include Moultrie, Moultrie Mobile, Summit Treestands, Code Blue and D/CODE, Knight & Hale, Whitetail Institute, and Texas Hunter. PRADCO Fishing produces and markets 20+ brands including Rebel, YUM, Booyah, War Eagle Custom Lures, Lindy and Bomber.
Pope and Young Record Book Entries Deadline Is Dec. 31, 2022
Pope and Young reminds bowhunters that the deadline for entry into its two-volume 9th Edition Record Book ends on Dec. 31, 2022. This is the 32nd recording period. For an animal to be considered for the book, your official entry must be post-marked by this date.
“Entering an animal in the books is something special, something that everyone with a qualifying animal should consider” said P&Y Marketing Director Dylan Ray. “It isn’t about the hunter, it’s about honoring the animal, an animal that deserves to be in a book amongst his peers, for everyone to celebrate. We put our animals on a wall, and celebrate them in our own homes, but putting them in a record book will honor that animal forever, for everyone to celebrate.”
According to P&Y, with more than 14,000 new entries since the 8th Edition was printed in 2017, this two-book set will be the best edition yet. The Pope and Young Record Book has more entries than any other record book in North America. This book is set to be published and available in April 2023. In it you will see 75 new top five all time ranking trophies, as well as 14 confirmed new world records. With the possibility of an additional 12 new world records that are still currently pending, there isn’t another record book that has ever showcased this many highly ranked animals.
“If you are a hunter, a bowhunter, or a collector of record books, this two-book set will be like no other,” said P&Y Director of Records Tim Rozewski. “With a limited printing, this book will be hard to get. If you are a hunter and have thought about putting your trophy in the record books, now is the time to do it!”
