Arcus Hunting Completes Second Investment with Acquisition of Tink’s
Covington, Georgia - January 7, 2015 – Arcus Hunting, LLC, a Bregal Partners company, has completed its acquisition of PAT Acquisition, LLC (“Tink’s”), the #1 brand of deer lures and attractants. Tink’s marks Arcus Hunting’s second investment in as many months following its acquisition of leading scent control brand, Dead Down Wind. Arcus Hunting acquired Tink’s from Frist Capital, LLC a private investment company based in Nashville.
“The acquisition of Tink’s is the result of our targeted effort in the fragmented and growing bowhunting and archery accessories industry,” said Scott Perekslis, Managing Partner and co-founder of Bregal Partners. “With Tink’s and DDW, Arcus now has two industry-leading brands that enhance the odds of a successful hunt. We intend to preserve the unique heritage of each brand while building on the innovation, product performance, and compelling consumer value proposition that make each brand a leader in its category.” Mr. Perekslis added, “We are pursuing further strategic investments in complementary brands, with particular focus on scents and lures, food attractants, targets, decoys, and related consumable categories that enhance hunters' performance in the field.”
Tink’s President, Phil Robinson, added, “I have enjoyed working with the team at Frist Capital for nearly a decade and am excited for the next chapter in Tink’s 45-year history. Tink’s has been the industry leader for decades but there continues to be significant untapped potential, and I am looking forward to realizing that potential with the team at Bregal Partners.” Phil Robinson will be promoted to President of Arcus Hunting at closing.
Harris Williams acted as financial advisor to Bregal Partners and Arcus Hunting in the transaction, and Sidley Austin LLP served as their legal advisor. Bass, Berry & Sims Plc represented Frist Capital and Tink’s. Terms of the deal were not disclosed.
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