Tactical Tailor

Ares Armor Acquired by Lake House Capital Management

Ares Armor has recently announced their acquisition by Lake House Capital Management. The full release can be read below.

In the United States of America, you can mix business with pleasure. Here is living proof.

Lake House Capital Management, LLC, a Hinsdale, Illinois-based holding company is pleased and proud to announce it has acquired all the assets of Lycurgan, Inc., (doing business as Ares Armor). Specific terms of the deal were not disclosed at this time.

U.S. Marine, Dimitri Karras, who served tours in both Iraq and Afghanistan, founded Ares Armor in 2010. Headquartered in Oceanside, California, Ares Armor is the leading supplier of 80 percent lower receivers, and develops and manufactures high quality American-made firearm parts to legally build your own weapons. The business also proudly develops, manufactures, and sells innovative tactical gear, combat body armor, and more.

“We thank and respect Dimitri Karras for his patriotism, service, and defense of our country and its Constitution,” says new Ares Armor CEO, Bryce Stirlen. “We value his vision and efforts with Ares Armor, and truly wish him all the best in his future roles in the company.”

Ares Armor customers can expect to experience no disruption in quality or service during the management transition. But like when anyone buys a house, Lake House Capital Management has much it loves about Ares Armor, but also has some areas where it wants to make changes and add its own touches.

“Great people and great products have built Ares Armor into the successful business it is today,” adds Stirlen, a gun enthusiast, husband, and father. “Our main focus is to now build a better foundation to support the explosive growth the Company is experiencing.

That said, to be clear, one area where we will not waver is in loyal defense of the 2nd Amendment of the U.S. Constitution, and protecting the rights of all Americans to bear arms.
We are very excited about an even brighter future for Ares Armor, and believe our customers will be excited about it, too.”

Amended: New Ares Armor CEO, Bryce Stirlen. “In response to feedback about our Veteran heritage, we maintain and stand strong unwavering from our Veteran status. Of Veterans, by Veterans, and for Veterans.”

aresarmor.com/store

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4 Responses to “Ares Armor Acquired by Lake House Capital Management”

  1. badjujuu says:

    Hinsdale, IL huh? Interesting…………

  2. Actual Veteran says:

    From Post:

    Amended: New Ares Armor CEO, Bryce Stirlen. “In response to feedback about our Veteran heritage, we maintain and stand strong unwavering from our Veteran status. Of Veterans, by Veterans, and for Veterans.”

    Nice, since he does not appear to be one:

    https://www.linkedin.com/pub/bryce-stirlen/1/421/b48

    • LCSO264 says:

      I’m thinking as long as he employs veterans, he isn’t straying too far from his comment. And really, if he is able to further the business and he stays true to his word this could be a good thing. I suspect Karras made out alright in the deal too.

      But I get what you are saying. I guess only time will tell. I hope the new ownership does stay true to their word, and continue to fight the good fight regarding the 2nd Ammendment, well really all of the Constitution/Bill of Rights.

      • Actual Veteran says:

        Agree wholeheartedly with the 2nd+ fight.

        I just wonder if a finance guy who pushes the vet angle, not being one, (Veteran Status is specific language denoting 51+% Veteran Ownership) is the right guy to pick up the ball from Dimitri. Or is he going to use the facade of what Ares was about to make some dough.