Vista Outdoor Looks to Sell Camp Chef to Private Equity, Rejects MNC Offer

In news that was expected, Vista Outdoor rejected MNC Capital’s latest offer. Their Board instead recommended progressing with CSG’s latest offer. In one twist though, they have engaged with a private equity firm to possibly buy Revelyst.

Revelyst Sale

Vista Outdoor holds their shooting brands in a company called the Kinetic Group, which is what they have been working to sell to CSG. Their other outdoor brands like Camp Chef are housed in a company called Revelyst, which they had planned to take public after selling the Kinetic Group.