SIG MMG 338 Program Series

Posts Tagged ‘Clarke Capital Partners’

Will Contour Be Back?

Monday, November 4th, 2013

If Clarke Capital Partners has anything to say about it, Contour, makers of action cameras is coming back after closing its doors in August. Clarke Capital Partners were the high bidders at $1.925 million for the defunct company’s assets during a competitive auction by a court-appointed receiver. Geek Wire reports that while the sale has been approved by the court, it still needs to be finalized by the parties. CCP was an investor in Contour before it went out of business. Apparently, operating capital was its major challenge, defaulting on nearly $7.5 million in loans prior to closing.

We wish them well as the Contour has been very popular with shooters due to its tubular shape and mounting options,