 has completed the acquisition of Revelyst. This is the second half of the plan to split Vista Outdoor, after they sold their shooting business to CSG. Revelyst is the collection of outdoor brands under Vista Outdoor, including grill brand Camp Chef.){kind=link}
There were many ups and downs to get here, but Strategic Value Partners (SVP) has completed the acquisition of Revelyst. This is the second half of the plan to split Vista Outdoor, after they sold their shooting business to CSG. Revelyst is the collection of outdoor brands under Vista Outdoor, including grill brand Camp Chef.
We are pleased to complete the transaction with SVP, which provides us with expanded resources to accelerate our GEAR Up transformation, advance our innovation efforts and grow our iconic brands. We look forward to working with SVP and continue delivering top-tier products to customers while further building our market-leading position in the outdoor recreation industry.
Eric Nyman, CEO of Revelyst
GEAR Up is Revelyst’s plan to optimize their cost structure through activities like rationalizing their real estate portfolio and finding supply chain synergies between brands. They’ve grown quite a bit through acquisition in recent years, and the brands haven’t been fully consolidated.
We are excited to partner with Eric and the rest of the Revelyst team to drive growth across the company’s diverse, category-defining brands and capture the immense opportunities ahead. We are strong believers in the strength of the Revelyst portfolio, along with the significant work underway to enhance the company’s platform and operations and drive innovation for customers. We will apply our operating resources and network to help unlock the full potential of Revelyst and propel it to new heights.
David Geenberg, Head of North American Corporate Investments at SVP
SVP is a global alternative investment firm with $19 billion of assets under management. They purchased Revelyst for $1.125 billion in all cash.
The Vista Outdoor team has been involved in a sale process since 2023. For anyone that’s gone through one, it can be extremely time consuming and it can lock up financials resources for the company.
We’re glad that the process is over and the Revelyst brands can get back to creating new products. Hopefully we’ll see some new grills from Camp Chef in the near future.