This remote pull line from SOF Dynamic, LLC consists of 100ft of Amsteel Blue, 7/64″ thick, 1600 lbs braided high tensile line in a Tactical Rope Pouch (4.5″x7.5″) with drawstring.
Visit www.sofdynamic.com to get yours today.
This remote pull line from SOF Dynamic, LLC consists of 100ft of Amsteel Blue, 7/64″ thick, 1600 lbs braided high tensile line in a Tactical Rope Pouch (4.5″x7.5″) with drawstring.
Visit www.sofdynamic.com to get yours today.
Shellback Tactical is proud to announce that the Original Banshee Plate Carrier in Black has been selected by the Plano Police Department (Plano, TX). The Plano Police Department is the 4th largest agency in Texas and located just 30 mins North of Dallas. With the recent unfathomable, cowardly, tragic incident that occurred in Dallas against Law Enforcement. This Life-saving equipment is important more than ever.
For the evaluation. The Plano Police Department put a team together to evaluate plate carriers for the agency. They evaluated approx. 10 potential carriers. After their in depth evaluation they selected the Banshee Plate Carrier for several reasons. Ease of use, the range of officers the carrier would fit, price point, quality and long term durability. They will be issuing and fielding 350 Banshee Plate Carriers to start into their patrol division. The Banshee has also been adopted as their official carrier and will be issued to all new hire officers as well.
Shellback Tactical is happy to have been evaluated and selected. In the current environment of Law Enforcement being targeted, it is great to see another Police agency preparing and investing in their personnel.
If your agency is interested in more details on the evaluation or outfitting its personnel with Plate Carriers, Hard Armor, Helmets, and complete active shooter kits. Please contact mike@shellbacktactical.com for info, quotes (RFQS). We are here to help. Shellback Tactical’s roots are in Law Enforcement with the owner being a retired LEO himself. Protecting as many Law Enforcement as possible has become our highest priority. Soon, Shellback Tactical is sending personnel to the Plano-Dallas Metro area to meet with several other agencies regarding their needs for active shooter protective gear. If you are an agency that would like more information on our visit, you can also email mike@shellbacktactical.com
Shellback Tactical founded in 2003 by a Police Officer. We have over 18 years of Law Enforcement experience and we have been designing gear and other life-saving equipment for over 12 years. Trust in us and our experience to get your agency and officers protected.
Have you ever noticed that “Celebrities” really enjoy making statements about whatever hot topic issue will get them the most press?
One such example is Matt Damon, who decided to spew all sorts of anti 2nd Amendment talking points recently. Ironically, he voiced his asinine opinion while engaged in a publicity tour for the most recent installment of his GUN HEAVY Bourne franchise. Well, the irony wasn’t lost on our friends at Tactical Pro Shop in Burbank, CA. So they are proudly producing a limited run of this patch.
These are Direct UV printed on PVC coated polyester webbing with velcro hook bonded to the backside.
$5.00 from each patch sale goes to the CalGuns Foundation, the leading voice in the fight for 2A Rights in the state of California. California is a paradise, legislated by idiots, and they practice over-reaching gun control there before they try to take it national.
Instead of spending money on a movie this weekend, buy this patch and help the fight in California.
Looks like intrepid YouTube gun reviewer Mongo is having some issues with his Hoge Difense carbine.
This is brilliant!
See the entire series at www.youtube.com.
-Acquisition of Market Leader Provides Established Platform for Electro-Optics Business
-Smith & Wesson Establishes Fourth Division
-Closing Expected August 2016
SPRINGFIELD, Mass., July 25, 2016 — Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leading manufacturer of firearms and a provider of quality accessory products for the shooting, hunting, and rugged outdoor enthusiast, today announced that it has signed a definitive agreement to acquire Crimson Trace Corporation (Crimson Trace), the industry leader in laser sighting systems and tactical lighting for firearms, for $95.0 million, subject to certain adjustments, utilizing cash on hand.
Crimson Trace has long been a key supplier of laser sighting systems for Smith & Wesson. For more than two decades, Crimson Trace has provided consumers, military units, and law enforcement officers around the globe with the world’s largest selection of award-winning laser sight and tactical light products. Crimson Trace offers more than 225 products and is widely recognized as the world’s leading brand of laser sights for firearms. Its award-winning innovations include the Lasergrips®, Laserguard®, and Rail Master® platforms. The company’s product line also includes the Defender Series®, Lightguard®, and its new LiNQ™ wireless activation system. Based in Wilsonville, Oregon, Crimson Trace operates from a 50,000 square foot , leased facility where it engineers and manufactures its products.
Crimson Trace was founded 22 years ago and has organically generated a ten year compound annual revenue growth rate in excess of 10%. The company maintains a product development team that has an established track record of launching high-quality, innovative laser sighting products. As a result, its products maintain a premium position with hundreds of independent retailers as well as large sporting goods retailers, including Cabela’s, MidwayUSA, Nation’s Best Sports, and internet retailer Optics Planet, Inc.
James Debney, Smith & Wesson President and Chief Executive Officer, said, “Crimson Trace provides us with an exceptional opportunity to acquire a thriving company that is completely aligned with our strategy to become a leader in the market for shooting, hunting, and rugged outdoor enthusiasts. As the undisputed leader in the market for laser sighting products, Crimson Trace serves as an ideal platform for our new Electro-Optics Division. Firearms purchasers frequently buy electro-optic accessories to enhance the capabilities and performance of their firearms. The growth that Crimson Trace has delivered is a testament to the high product quality and the robust product development capability that Lane Tobiassen, President and Chief Executive Officer of Crimson Trace, and his team have established. That capability, combined with Crimson Trace’s leadership position in the market for laser sights, provides a solid framework for organic and inorganic growth.”
Lane Tobiassen, who joined Crimson Trace in 2005, will serve as President of the new Electro-Optics Division of Smith & Wesson, and will report directly to Debney. The Crimson Trace management team and workforce, as well as its base of operations, will remain in Wilsonville, Oregon after the acquisition.
Tobiassen said, “It is a great honor to lead Crimson Trace into this exciting new chapter in our history by joining the Smith & Wesson team. Since 1994, we have designed and brought to market more than 225 products, all of which reflect the passion, dedication, and spirit of innovation of our design engineers, production workforce, customer service representatives, and marketing and sales professionals. As the new Electro-Optics Division of Smith & Wesson, we believe that our capabilities, combined with inorganic opportunities to acquire related technologies, will expand the reach of our existing market footprint. This makes us a great fit for Smith & Wesson, a legendary company with an iconic brand, world-class products, and markets that include consumer, law enforcement, and international channels. We look forward to offering consumers exceptional performance from two of the industry’s most trusted names.”
Smith & Wesson will purchase all of the outstanding stock of Crimson Trace for $95.0 million, using existing cash balances. Crimson Trace is being acquired from Crimson Trace Holdings, LLC, which is owned by private equity firms Peninsula Capital Partners, LLC and VergePointe Capital, LLC; Lewis Danielson, the founder and Chairman of the Board of Crimson Trace; a small group of minority members; and certain members of management.
Jeffrey D. Buchanan, Executive Vice President and Chief Financial Officer of Smith & Wesson, stated, “As a result of our strong balance sheet, we intend to complete the purchase of Crimson Trace with cash on hand and we expect the transaction to close in three to six weeks. After the closing date, we expect the acquisition to be accretive to Smith & Wesson’s earnings per share in fiscal 2017. Due to its anticipated timing, the transaction is expected to have no impact on Smith & Wesson’s operational and financial results for the fiscal 2017 first quarter ending July 31, 2016. As of the date of signing, Crimson Trace’s trailing 12 month revenue was approximately $44.0 million, of which approximately 25% was revenue from Smith & Wesson and would be excluded from our consolidated revenue. The purchase price represents an estimated multiple of approximately 5.9x the trailing 12 month adjusted EBITDAS of Crimson Trace. We look forward to providing additional details following the close of the transaction.”
Cowen and Company, LLC is acting as exclusive financial advisor and Greenberg Traurig, LLP is acting as legal advisor to Smith & Wesson and its Board of Directors. Robert W. Baird & Co. is acting as exclusive financial advisor and K&L Gates LLP is acting as legal advisor to Crimson Trace and its owners.