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Archive for the ‘Industry’ Category

Capewell Wins Try, Decide, Buy Award

Friday, October 18th, 2019

Capewell Aerial Systems is proud to announce that we are among 11 small businesses qualified by the US Air Force for a multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract in the potential amount of $950,000,000 over the next ten years. Component contracts will be awarded and administered through the Air Force’s Life Cycle Management Center’s Try-Decide-Buy (TDB) program.

The TDB program seeks to rapidly field and deploy Commercial-off-the-Shelf (COTS) items including, but not limited to: Uniforms, Cold Weather Clothing Systems, Visual Augmentation Equipment, Personal Protective Equipment, Helmets, Body Armor, Tactical Carriers, Individual & Survival Equipment, Lighting, Air Crew Support Equipment, Communication & Electronics Test Equipment, Tactical Equipment, Load Bearing Equipment, Lethality Support Items, Boots, Gloves, Eye Protection, Egress Equipment, Aerial Insertion Equipment, Search & Rescue Equipment, Personnel Recovery Equipment, Medical Equipment, Bladder Relief Equipment, Power Management, Hydration, Ancillary Services and Testing as applicable.

Capewell’s product line and manufacturing capabilities dovetail nicely with these categories and we’re excited about the opportunity to partner with the Air Force to develop and supply gear in support of the Try-Decide-Buy program.

Longtime Brand Development Manager, Joshua Minton will direct Capewell’s participation in the TDB program.

www.capewell.com

Admiral Scott Moore joins Board of Directors of Wild Things, LLC

Wednesday, October 16th, 2019

NEW YORK, Oct. 15, 2019 — Wild Things, LLC (“Wild Things” or the “Company”), an ASGARD Partners & Co. (“ASGARD”) portfolio company, today announced that Admiral Scott Moore has joined its Board of Directors.

Admiral Moore retired in 2014 as a Navy Rear Admiral with over 30 years in Naval Special Warfare (“NSW”). During his impressive career, he led at every level of NSW, from SEAL platoon commander, to Commander of the Nation’s premier Counterterrorist Force, to Deputy Commander of Naval Special Warfare Command, where he was responsible for training and equipping a 7,000 person force. He also commanded a 1,500 person Joint Task Force in Afghanistan, which conducted over 2,000 missions against enemy leaders.

His staff tours included assignments as director of Counterterrorism on the National Security Staff, White House, directly briefing The President of the United States; as the Assistant Operations Officer for Counterterrorism, The Pentagon, where he advised the Chairman of the Joint Chiefs of Staff daily on counterterrorism operations; and as the Deputy Commander for Operations, Office of Defense Representative, Pakistan, where he coordinated NATO operations with Pakistani military leaders.

Admiral Moore currently serves as CEO of Karakoram Group, which he co-founded, an organization that focuses on solving global commercial security problems.

“We are more than excited to welcome Admiral Moore to the Wild Things board of directors. Admiral Moore is an accomplished leader with over three decades of experience in NSW, which will provide valuable insights into the needs of the warfighter. We are confident Admiral Moore will make an important and positive impact on the Company,” said Christian Cantalupo, Partner of ASGARD.

“I have a lot of respect for the Wild Things mission to protect extraordinary men and women taking extreme risks in uncertain conditions,” said Admiral Moore. “I have always admired the Wild Things brand and product, having used it firsthand in the field, and am looking forward to contributing to the Company’s next level of success.”

Steve “Mato” Matulewicz Joins SENTRY Products Group Board of Directors

Friday, October 11th, 2019

Virginia Beach, Virginia, (October 10, 2019) – SENTRY Products Group, a leading manufacturer and distributor of products focused on protection, storage, and transportation of outdoor, military, and law enforcement equipment, is pleased to announce Steve “Mato” Matulewicz has joined the SENTRY Board of Directors. Mato brings his depth of experience in sales and operations to the SENTRY Board of Directors, in addition to a distinguished career as a U.S. Navy SEAL.

“We are honored to add Mato to the SENTRY Board of Directors. Mato’s knowledge from his corporate positions, combined with his leadership and training as a U.S. Navy SEAL, makes him an outstanding addition to our Board of Directors,” began Mike Noell, Founder and CEO of SENTRY. “Having worked with Mato in both his corporate capacities and the SEAL Teams, he is the perfect fit for SENTRY, and we look forward to his input and guidance in the development of our expanding product lines.”

Mato is currently Vice President of the SIG SAUER Academy overseeing the daily operations of a 140-acre facility providing the highest quality firearms instruction and tactical training in the world, and the SIG SAUER Academy Pro Shop in Epping, New Hampshire. Previously, Mato was the Executive Director of Global Defense Sales for SIG SAUER, Executive Director-Special Operations Division at ATK/BLACKHAWK!, and Vice President of Sales Operations BLACKHAWK! Products Group.

As a U.S. Navy SEAL, Mato served for 24-years retiring at the rank of Command Master Chief. He has held numerous executive/leadership positions as a U.S. Navy SEAL including the Naval Special Warfare Development Group (Squadron Command Master Chief), SEAL Team TWO (Command Master Chief), and Naval Special Warfare Advanced Training Command (Command Master Chief).

“I am excited about the opportunity to join the SENTRY Board of Directors, and look forward to lending my experience to positively influence the growth of the company, and to advance its mission of Live to Protect,” added Matulewicz. 

Mato also sits on the Board of Directors for the National UDT/SEAL Museum, holds a Bachelor of Science Degree (Excelsior College, Albany, NY), attended the U.S. Navy Senior Enlisted and Command Master Chief Academy’s (Naval War College, RI), and is Six Sigma Lean Manufacturing Certified (Old Dominion University).

ASGARD Appoints Industry Veteran Amy Coyne as Chief Executive Officer of Revision Military LTD

Thursday, October 10th, 2019

ESSEX JUNCTION, VERMONT (October 10, 2019) – Revision Military Limited (“Revision” or the “Company”), an ASGARD Partners & Co. (“ASGARD”) portfolio company, is pleased to announce the appointment of Amy Coyne as Chief Executive Officer (“CEO”).


Above: Revision Military Ltd, an ASGARD Partners & Co. portfolio company, announced that industry veteran Amy Coyne has joined as Chief Executive Officer

Ms. Coyne has over 23 years of professional experience and has held several leadership roles touching all facets of the tactical equipment industry. Most recently, Ms. Coyne was selected to lead ASGARD’s portfolio company Wild Things, LLC, where she has led the team through the revitalization of an industry legacy brand now experiencing significant growth and success. Ms. Coyne previously was the Vice President of the Organizational Clothing and Individual Equipment (“OCIE”) Market at ADS Inc. (“ADS”). In that role, Ms. Coyne oversaw the entire OCIE market category for ADS, the premier equipment, procurement, support, and logistics solutions specialist to the U.S. Military and Department of Defense (“DoD”). She was responsible for establishing the strategic vision and developing executable plans for the OCIE market.

Prior to this role at ADS, Amy was President and CEO with Propper International. In this position, Ms. Coyne was responsible for leading and overseeing one of the largest official apparel and gear suppliers to the U.S. Armed Forces, which has manufactured over 120 million garments for the U.S. DoD – Army, Air Force, Navy, Marines, Coast Guard and Special Forces and law enforcement and tactical retail stores across the country.

“We think very highly of Amy, and her vast experience in the OCIE market coupled with her outstanding leadership skills makes her the best choice to step in as CEO of Revision’s eyewear business. We have no doubt that the team at Revision will thrive and grow under Amy’s guidance,” said Karan Rai, Founder and Managing Partner of ASGARD.

“I am thrilled to join the talented and passionate team at Revision,” said Amy Coyne, CEO. “We have a unique opportunity here at Revision to build upon the Company’s strong heritage and, with an intense focus on the optics business, expand our product offering and pursue new market channels.”

ASGARD acquired the eyewear business of Revision Military Ltd. on September 27, 2019, including the protective eyewear product line, the world-renowned Revision name and branding, the Essex, Vermont 53,000 square foot manufacturing operation and team of 130 employees. Under the guidance of ASGARD and new CEO Amy Coyne, the Company will expand capabilities to pursue new growth opportunities and support the needs of existing customers. Amy Coyne will maintain her role as CEO of Wild Things, LLC and continue her responsibilities with that company.

CROPS Tactical Update

Friday, October 4th, 2019

At the beginning of 2018 the CROPS Company opened its newest devision supporting its clients with reliable, time tested equipment. This year they launched our on line platform.

CROPS Tactical is split into 3 departments:

GREEN – Servicing rural deployments

BLUE – Servicing urban deployments and semi-professional technical equipment

TECHNICAL – A restricted page ONLY available to Defence, Law-Enforcement & Government.

www.cropstactical.com

HIPERFIRE Releases HIPERTECH White Papers

Tuesday, October 1st, 2019

October 1, 2019: HIPERFIRE Releases HIPERTECH White Papers. 
HIPERFIRE has become known for its trigger products over the past six years finding its most adoptive fan base among competitive 3-gunners. Among all shooters of the AR15 platform, they most appreciate the influence that the intimate connection between the shooter and his trigger plays in the performance of their sport: speed, reliability, and shot-placement accuracy. HIPERFIRE seeks to expose that experience to the broader shooting population. You see, HIPERFIRE triggers are not just for competition, but any application whether by the hunter, home defender, prepper, LEO, or MIL operator. To that end, HIPERFIRE introduces its first pair of technical white papers on the subject of “what makes a good trigger” called HIPERTECH™, short for HIgh PERformance TECHnology. The Bulletin series discusses every imaginable trigger feature that any shooter should consider. Who seeks to improve his skill by utilizing the best that American ingenuity can supply. Bulletins will be released every third consecutive Tuesday beginning today, October 1, 2019. Visit www.hiperfire.com to access the Bulletins and video summaries as they become available.

Asgard Partners & Co Acquires Revision Eyewear Business

Tuesday, October 1st, 2019

NEW YORK (October 1, 2019) – ASGARD Partners & Co. (“ASGARD”), a private equity firm based in New York, and Merit Capital Partners (“Merit”), a private equity firm based in Chicago, have partnered to acquire the eyewear business of Revision Military Limited (“Revision” or the “Company”), the world leader in protective eyewear solutions for military and tactical use. The transaction includes the sale of the protective eyewear product line, the world-renowned Revision name and branding, the Essex, Vermont 53,000 square foot manufacturing operation, and team of 130 employees. Under the guidance of ASGARD, the newly separated Revision eyewear business will continue day-to-day operations with its key management and existing manufacturing team.

Revision was founded as an eyewear company in 2001, and quickly became one of the primary suppliers of protective eyewear to military forces around the globe, including the U.S. Army, British Army, German and Swiss Armed Forces. Over the past decade, the Company has invested in advanced technology and equipment in the areas of materials, coatings and dyes to improve performance and become the leader in ballistic laser protective solutions ASGARD and Merit’s investment in Revision provides the Company with valuable strategic guidance and meaningful growth capital, reinforcing and expanding its capabilities to pursue new growth opportunities and support the needs of existing customers.

“Revision has long been an industry leader in protective eyewear solutions, saving the lives and eyesight of millions of servicemen and women around the globe. We are excited to work with the passionate and talented Revision team to pursue growth in new markets and develop the next-generation of eyewear technology. With a renewed focus on protective eyewear and dedicated capital resources, we believe Revision is well-positioned for growth in the years to come,” said Karan Rai, Founder and Managing Partner of ASGARD.  

Ben Yarbrough, a Managing Director at Merit, said, “Revision represents a great opportunity for growth and expansion in this market.  We are proud to partner with the ASGARD team, who knows the military personal protective equipment market exceptionally well and brings a focused strategic and operational vision to the Company.”

Revision Military Announces Sale Of Eyewear Business

Tuesday, October 1st, 2019

Montreal, Quebec, Canada (October 1st, 2019) – Revision—a world leader in Soldier System solutions and equipment— announced today that it has sold its protective eyewear business to ASGARD Partners & Co., a private investment firm based in New York. “This divestiture supports our strategy to sharpen our portfolio and fund expanded capabilities and growth initiatives around enhanced warfighter survivability and lethality,” said Revision CEO, Jonathan Blanshay.

The transaction includes the sale of the Essex, Vermont manufacturing operation and the protective eyewear product line, along with the Revision TM and branding. The newly separated Revision eyewear business will continue day-to-day operations with the legacy management and manufacturing team in Essex, Vermont. “Revision eyewear has become the world-wide leader in military eye protection, and is a valuable and recognized industry brand,” said Blanshay. “As a stand-alone business with the support and direction of ASGARD Partners & Co., Revision eyewear will be in a better position to pursue strategic growth opportunities.”

Blanshay continued, “We recognize that the divestiture of a core business is a complex process, and want to assure our partners and stakeholders that it is a priority for us to move through this transition as swiftly and smoothly as possible. Our dedicated team remains committed and available in order to maintain business-as-usual throughout this period. We are incredibly excited to re-launch shortly with a new company name and look forward to the opportunity to build a world-class brand focused on our active, integrated head-borne and torso systems, power management and communication solutions.”