Tactical Tailor has just launched a new, updated website to coincide with the official launch of the much anticipated Fight Light line. Look for more info on this line here soon.
As the new site populates the worldwide DNS system you may run across a “system down for maintenance” message but rest assured, by tomorrow you should be able to see the new look.
National Molding 2011 New Products
National Molding has added several new buckles to their Duraflex line. Additionally, they have added a feature on their website to allow individuals to purchase the Duraflex line.
Last week, Rosser, Sherrill & Co (“BRSâ€), a New York-based private equity firm, announced that it has made a significant investment in Magpul Industries Corp. Fortunately, Magpul’s executive management team, consisting of founder/President Richard Fitzpatrick, VP of Product Development Michael Mayberry and COO Doug Smith, will continue to be significant shareholders following the transaction. Financial terms of the transaction were not disclosed but we do know that Triangle Capital Corp announced a $14.8 M investment last week as well. Additionally, we have heard that this investment equates to a majority share in Magpul.
Integris Partners acted as exclusive financial advisor to Magpul in this transaction. SunTrust Bank, Regions Bank and Triangle Capital provided financing for the transaction.
According to a press release, Triangle Capital Corporation (TCAP) announced that it closed a $14.8 million investment in Magpul Industries Corporation consisting of subordinated debt and equity.
This is interesting considering Magpul has had a fair number of suitors over the years, although generally, they have been interested in outright purchasing them rather than investing capital. Rumors have swirled about Magpul’s desire to make another foray into firearms design and perhaps this capital is going to be used to help them do just that.
Coming soon, Tactical Tailor is poised to launch their new website along with their latest line of products dubbed Fight Light.
Pittsburgh Business Times reports that Mine Safety Appliances has identified a buyer for their Paraclete business unit.
There are a couple of rumors as to who has offered to purchase the company but none have been as of yet substantiated. It will be interesting to see who is buying them and what plans they have for the brand that was at the forefront of releasable armor systems.
BTW, nice pic TR.
Monday, Dan Costa will pass the reigns of 5.11 Tactical to Former Marine Tom Davin after 10 years of building the company to an industry powerhouse. No matter what you make of 5.11 Tactical you have to admire Costa’s tenacity. In 10 years he has built a brand that has essentially defined the concept of “tactical pants.”
Learn more here.
