Tactical Tailor

Archive for the ‘Industry’ Category

ZEV Technologies Now a Leupold Approved Partner

Friday, August 12th, 2016

Oxnard, CA – August 12th 2017 – ZEV Technologies, manufacturer of components and accessories for GLOCK® pistols, is proud to announce it has been named as an approved Leupold partner for the Delta Point PRO.

”The Delta Point PRO has changed the playing field when it comes to mounting a red dot on a pistol and becoming one of their first approved partners is a great honor” stated Dave Roberts, Vice President of Marketing and Business Development for ZEV Technologies. “This partnership will enhance our product offerings available for the Leupold DPP, allowing us to work directly with their product design team to create the best Delta Point PRO mounting solutions available for GLOCK handguns.”

While other approaches mount an optic on top of a Glock slide, ZEV’s slide cut actually seats the optic in the slide with ZEV’s patented thread mounting system that provides more contact points and double the threaded surface area to ensure stability and reliability.

“ZEV Technologies commitment to quality and innovation reflect the same values we hold at Leupold & Stevens,” said Shane Meisel, marketing manager for Leupold & Stevens. “We are very proud to partner with such an inspirational and like-minded company.”

Blackwater To Change Hands Again? Apollo Global Negotiates to Buy Constellis

Thursday, August 11th, 2016

Unless you follow the private security contractor business you probably don’t recognize the name Constellis, but chances are good you know Blackwater.

Blackwater started as a private training facility in the late 90s by former Navy SEAL, Erik Prince, the company was sold in 2010 under the name Xe, after becoming a contracting powerhouse, to investment firms Forte Capital Advisors LLC and Manhattan Strategic Ventures LLC. At that point they rebranded as ACADEMI. Then, in 2014, Forte Capital and Manhattan Strategic purchased Triple Canopy and created Constellis Holdings. Interestingly, the Training Center in Moyock, North Carolina, initially founded by Prince, is but a shadow of its former self and it seems as if the Triple Canopy management has taken over. Last year, Constellis bought Olive Group, making it even larger.

Now, Apollo Global Management LLC, a private equity company, is in negotiations to purchase Constellis in a deal said to be worth up to $1 Billion.

Mission Ready Names Paul Litchfield Chief Operating Officer

Thursday, August 11th, 2016

VANCOUVER, B.C. – August 10, 2016 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V: MRS) today announced that Paul Litchfield has been named Chief Operating Officer (“COO”) of the Company. Mr. Litchfield – a director of Mission Ready since November 2014 – has an extensive background associated with the Mission Ready portfolio and will be a critical leader in Mission Ready rapidly moving forward.

Rod Reum, President & CEO of Mission Ready states, “Paul’s operational expertise and leadership is invaluable to the Company and his expanded role is well timed as we focus on the manufacture of our innovative products such as the Ballistic Combat Shirt, Tactical Shield Cover and Electro Muscular Disruption technology, coupled now with our in house manufacturing capabilities, Paul’s time-proven abilities and track record of success will help refine our processes and catalyze the commercialization of our market-ready products.”

Paul began working in the athletic footwear industry at Reebok more than 30 years ago and is regarded as one of the most influential product creation experts in the industry. Mr. Litchfield has been responsible for numerous Reebok product innovations, one of the most noteworthy being the Pump. In 1998, Paul became President of Puma Footwear where he was responsible for product marketing, design and development for Puma’s global product line before returning to Reebok in 2000 as the Vice President of Reebok Advanced Concepts.

Paul received his B.S. degree in biochemistry from the University of New Hampshire and his M.S. degree in Exercise Science from the University of Massachusetts. He conducted post graduate research in human performance at the Institute of Offshore and Environmental Medicine in Aberdeen, Scotland.

Paul states, “I am honored to have this opportunity to work together with Rod Reum and the leadership team at Mission Ready. I am looking forward to applying my 30 years of experience in product development, brand building and manufacturing to this role at Mission Ready. As a director for the Company, I have had the privilege to get to know the exceptionally talented and dedicated people working in the different divisions of the Company. This is a very exciting time for us as we launch the Protect The Force brand of products. Everyone is poised for this next phase of growth and I am fortunate to be part of this excellent team.”

ARES Defense to become FightLite Industries

Tuesday, August 9th, 2016

(Melbourne, FL) August 8, 2016 – ARES Defense Systems, the country’s leading manufacturer of innovative, mission-configurable firearms, parts and accessories announces a company name transition to FightLite® Industries.

Originally founded in 1997 as “ARES Defense Systems” by company CEO and avid shooting enthusiast Geoffrey A. Herring; the company is changing its name to FightLite® Industries to be more reflective of both its current and upcoming product offerings and to honor its R&D division that conceives and develops the company’s ideas and inventions.

“Since launching our company almost two decades ago, we’ve introduced and delivered many game-changing products to both civilian and military shooters alike” said Geoffrey Herring, President-CEO. “We’ve set new standards along the way with high-performance products such as our patented MCR® belt-feed system for the M4, our patented drop-in GXR™ gas piston kit and our universal and patented ARES SCR® rifle to name a few. We have some new groundbreaking product announcements coming up and we’re really excited about what we’re getting ready to bring to market in both the civilian and military marketspaces.”

The company’s currently produced product lines will transition to the FightLite® brand by the close of 2016 and FightLite® Industries will be providing spare parts, service and manufacturer support of products that have been produced under the ARES Defense™ brand. ARES™, ARES Defense™ and related logos and product names will remain part of the company’s intellectual property portfolio.

FightLite® Industries supports 2-step Distribution and as with the ARES Defense brands, their products will continue to be made available through established channels of sporting goods wholesalers, box stores, FFL dealers, online retailers and factory direct.

To learn more about FightLite® Industries visit www.FightLite.com. Follow FightLite® Industries on Facebook at facebook.com/FightLite , on Twitter @FightLite and on Instagram @FightLite_com.

Candice Horner New Director of Business Development of Breach-Bang-Clear

Monday, August 8th, 2016

Breach-Bang-Clear is extremely proud to share that Candice Horner has joined their editorial staff as their new Director of Business Development. Horner is a former Marine, RN for the Bureau of Prisons, and an accomplished professional competitive shooter.

Horner comes to B-B-C from a former position as the Manager of OEM Sales for a major firearms manufacturer. She will continue to compete professionally, and is in fact already qualified for the 2017 3-Gun Nation Pro Series.

“I couldn’t imagine someone more suited for the job,” says David Merrill, Managing Editor of Breach-Bang-Clear, “and if I tried there would be space robots and laser swords and Kaij? involved.”

Horner served four years in the Marine Corps, working on F/A-18 engines at MCAS Iwakuni, using her GI Bill to earn a nursing degree afterward. After attending FLETC at Glynco she spent several years working as an RN at the Federal Correctional Complex in Butner, NC, eventually leaving that position to compete more regularly. She received her invitation to the 3-Gun Nation Pro Series in 2014 and has continued to compete since then. In 2015 Candice, then recently married, competed alongside new husband Daniel as a team in the Mammoth Sniper Challenge, “Extreme Tough Man Division,” and won. Her 3-Gun Nation Pro Series match was just recently televised on MAV TV.

“It’s hard not to feel awkward saying this since I’m writing about myself in the third person,” says B-B-C Chief Editor David Reeder, “but I’m happy to brag on her. Candice is smart, fierce, and motivated. Frankly I’m astonished she accepted the job – but damn am I glad to have her. It will make our eventual world conquest go a lot easier.”

Horner has previously written for Gun Up, RECOIL, Concealment, and OFFGRID, and will be assisting in B-B-C operations will continue to freelance on the side.

Says Horner,

“I was a huge fan of Breach-Bang-Clear before I met Reeder. Reading articles that are well written and thoroughly entertaining is a much needed break from the monotony of so much we see online. I’m stoked to be part of this highly motivated and far-too-intelligent-for-their-own-good group of misfits.”

Contact Horner at Candice@breachbangclear.com; follow her on Instagram at @candi323 or visit her personal website, candi323.com.

B-B-C can be found online at www.breachbangclear.com, on Facebook at /BreachBangClear/, on Instagram @breachbangclear and on Tumblr, www.FOBdancingmom.com.

The Safariland Group Announces $7.3 Million Sale of Ballistic Equipment to the New York City Police Department

Friday, August 5th, 2016

JACKSONVILLE, Fla., August 4, 2016 – The Safariland Group, a leading provider of a comprehensive suite of safety and survivability products designed for the public safety, military, professional and outdoor markets, today announced a $7.3 million sale of ballistic equipment to the New York City Police Department (“NYPD”). The new personal protective equipment, which patrol officers will begin carrying in September, is engineered to protect law enforcement personnel from ballistic threats.

“We appreciate the opportunity to provide the NYPD with lifesaving tactical equipment,” said Warren Kanders, Chairman of The Safariland Group. “As a leading provider of advanced safety products for law enforcement and other first responders, we are pleased that Safariland has the resources and technology to support the NYPD according to its fulfillment timeline.”

New York City officials discussed the equipment upgrades at a news conference held on July 25, 2016. “We value the safety of our officers,” said New York City Mayor Bill de Blasio. “In the course of this last week, we came to the decision that we wanted to get this additional equipment, and we wanted to get it fast, to protect our officers. We need the best gear and the best protection for our officers.”

Police Commissioner William Bratton commented, “To deal with issues of terrorism, crime and trust-building, we are going to place increased emphasis on training enhancement and improvements, as well as technology and equipment acquisition.”

The Safariland Group’s ballistic equipment being readied for deployment to the NYPD include 20,000 high-performance Delta™ 4 helmets; 12,000 Hardwire® Type III armor plates and 6,000 TAC PR plate racks.


Leupold Files Lawsuit Against Nightforce Over Patent Violations

Thursday, August 4th, 2016

BEAVERTON, Ore. — Leupold & Stevens, Inc., has filed a civil suit in the U.S. District Court of Oregon alleging patent violations by Lightforce U.S.A., doing business as Nightforce. In the suit, Leupold & Stevens, Inc., alleges that Nightforce is marketing and selling products that infringe on a variety of patents owned by Leupold & Stevens, Inc. and is seeking all available remedies.

The lawsuit is based on six patents for riflescope adjustments, internal optical mechanisms, and flip covers.
Leupold & Stevens, Inc., has been pioneering riflescope and sporting optics technology since 1947, when it developed a non-fogging riflescope charged with nitrogen. Today, Leupold® has been granted over 151 patents and design registrations in 18 countries, representing Leupold’s continued commitment to innovation and development of sports optics. For more information on Leupold products, please visit us at www.leupold.com.

Compass Diversified Holdings Acquires 5.11 Tactical and Beyond

Wednesday, August 3rd, 2016

Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced that on July 29, 2016, it entered into a definitive agreement to acquire 5.11 Tactical® “5.11” for a purchase price of $400 million (excluding working capital and certain other adjustments upon closing). The acquisition is expected to close within the next 45 days, subject to customary closing conditions.

5.11 is a leading designer and marketer of purpose-built tactical apparel and gear serving a wide range of global customers including law enforcement, military special operations and firefighters, as well as outdoor enthusiasts. 5.11 is headquartered in Irvine, CA and operates international sales offices in Sweden, Mexico, Australia, China and UAE. For the trailing twelve months ended April 30, 2016, 5.11 reported net revenue of approximately $293 million and EBITDA of approximately $38 million. CODI expects to fund the purchase price through a draw on its revolving credit facility as well as exercising an accordion feature on its existing credit facility.

CODI’s initial equity ownership in 5.11 will be approximately 97.5%, and 5.11’s management team will also invest in the transaction alongside CODI. As part of the acquisition, CODI will acquire a substantial tax asset, the positive effect of which will be meaningful for CODI’s annual cash flow.

“5.11 represents a strong addition to our family of leading middle market businesses, and we welcome the opportunity to serve law enforcement, first responders, military personnel as well as the tactical consumer market,” said Alan Offenberg, CEO of Compass Diversified Holdings. “This company possesses the essential qualities that we seek in all our subsidiaries, including market share leadership, diverse revenue streams from a broad customer base and product portfolio, growing cash flows, a proven management team and compelling growth opportunities. We are enthusiastic about the company’s strong growth prospects and look forward to working with Tom Davin and his team to continue serving tactical professionals, and expanding 5.11’s consumer penetration globally.”

Mr. Offenberg added, “The acquisition of 5.11 will be immediately accretive to our shareholders and will further enhance our ability to continue to support our current cash distributions. We expect the acquisition to provide thirty to thirty-five cents per share of cash flow accretion to CODI on an annualized basis.”

Tom Davin, Chief Executive Officer of 5.11, and Francisco Morales, President will continue to serve in the same roles at the company. Mr. Davin commented, “At 5.11 our mission is to create purpose-built, functionally innovative tactical apparel and gear for the most demanding situations. CODI’s acquisition of 5.11 provides an excellent platform to further that mission. Our 5.11 leadership team is excited to leverage CODI’s considerable financial resources and track record of working with middle market growth companies.”