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Who Bought GSM?

Published in Private Equity Acquisitions 2 mins read

GSM Outdoors was acquired by Platinum Equity, following an earlier acquisition by Gridiron Capital in 2020.

The Acquisitions of GSM Outdoors

GSM Outdoors, a leading company known for its impressive distribution network and expertise in bringing new products to market, has been involved in significant acquisition activities.

Platinum Equity's Acquisition

Most recently, Platinum Equity finalized its acquisition of GSM Outdoors. This marks a new chapter for GSM, with Platinum Equity taking ownership. Louis Samson, Co-President of Platinum Equity, acknowledged GSM's strengths, stating, "GSM has an impressive distribution network, a lot of experience bringing new products to market, and a culture that prioritizes care for its customers."

For more details on this transaction, you can refer to the report on GSM Outdoors Completes Sales to Private Equity Firm.

Gridiron Capital's Earlier Acquisition

Prior to Platinum Equity's finalization, Gridiron Capital had acquired GSM in 2020. This indicates a sequence of ownership changes for GSM Outdoors within a relatively short period, highlighting its attractiveness to private equity firms.

The table below summarizes the key acquisitions:

Acquirer Acquisition Details
Gridiron Capital Acquired GSM in 2020
Platinum Equity Acquisition was finalized

These acquisitions underscore the value and potential seen in GSM Outdoors by major investment firms in the outdoor and sporting goods sector.