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Shooting Industry March 2012 Digital Edition - Page 9
Industry news Norwest Equity Partners Invests In Savage Sports N orwest Equity Partners (NEP), a leading middle market investment firm, announced in January that it made a significant investment in Savage Sports Corp. NEP invested alongside Savage management in this transaction, which closed on January 24. “Our investment will help advance global market expansion and the continued development of an innovative, diversified products platform. The company operates within a fragmented industry, and there is significant opportunity for consolidation through add-on acquisitions in both existing and adjacent market categories,” said Erik Torgerson, NEP partner and senior advisor. Torgerson and Tim DeVries, a NEP managing general partner, have joined the Savage board of directors. “On behalf of our management team and employees, we look forward to working with the NEP team, exploring new business opportunities and advancing our business potential together,” said Ron Coburn, Savage CEO. For more information, visit www. savagearms.com. AcuSport Receives Multiple Awards cuSport Corp. was named the 2011 Distributor of the Year for Bushmaster, Daniel Defense, Remington Firearms, Remington Law Enforcement Firearms and Trijicon at the SHOT Show in January. “Our ability to work collectively with manufacturers directly impacts the success of retailers nationwide. AcuSport is constantly working to provide the right mix of products and services that will allow retailers to provide superior service for their customers,” said Chris Cole, AcuSport director of merchandising. Based in Bellefontaine, Ohio, AcuSport has regional sales offices in Pennsylvania, Georgia, Minnesota, Texas, Montana and California. For more information, visit www. acusport.com. beyond usual expectations Competition proven worldwide. Proven time and again at the Olympics and World Cup. And proven on trap and skeet fields, and sporting clays courses throughout the U.S. With over 3 Billion shotshells produced over a long and storied history, that’s experience you can count on. Each NobelSport competition shotshell is crafted from only the very best components, including NobelSport’s worldrenowned 209 primers. Very competitively priced, too. NobelSport gives you the winning edge . . . each shot, each and every time you step up to the line. The Winning Edge A Exclusively distributed in the U.S. by DKG Trading, Inc., Evansville, IL www.dkgtrading.com www.shootingindustry.com MARCH 2012 9