Menlo Park, California (PRWEB) March 06, 2013
Salt Creek Capital is pleased to announce the recent acquisition of Warne Scope Mounts (“Warne”). Located in Tualatin, Oregon, Warne is a premium supplier of riflescope accessories to the OEM and retail channels, including the sporting, hunting, and tactical-law enforcement firearms markets. The Company designs and manufactures scope mounting systems, including bases, mounts, rings and accessories.
“We are very pleased to have partnered with our executive partner, Dan Goetz and C3 Capital, a recognized provider of junior capital to leading small companies, to complete the acquisition of Warne”, said Dan Mytels, Managing Director of Salt Creek Capital. “Warne represents an industry leading company with attractive growth potential and strong market leadership.”
Incoming-CEO Dan Goetz, who participated in Salt Creek Capital’s formal Executive Partnership Program, stated “We are all excited about the opportunity at Warne. The company has a dedicated and passionate team in place and a strong reputation for producing premium products. I look forward to working with the Salt Creek team to position the business for continued growth.”
Steve Swartzman, a C3 partner, stated “We couldn’t be more pleased about investing in Warne and its management team. Dan Goetz brings a new set of talents and experiences to the organization, and we are confident that this will take Warne, which already has a great brand and makes industry-leading products, to the next level.”
About Warne Scope Mounts
Founded in 1991, Warne Scope Mounts is a leading designer and manufacturer of an extensive range of quick detachable and fixed scope mounting systems for firearms. The Company is well-known for its innovative design and premium quality products which it sells to OEM manufacturers as well as through retail channels in the U.S and internationally. More information is available at http://www.warnescopemounts.com.
About Salt Creek Capital
Salt Creek Capital is a San Francisco Bay Area private equity firm focused on executive-led buyouts of profitable companies with $3M - $50M in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and creating value by working with management teams to accelerate growth and to improve the operating efficiency of its portfolio companies. More information is available at http://www.saltcreekcap.com.
About C3 Capital
C3 Capital, LLC is a fund management company based in Kansas City, with satellite offices in Phoenix and Dallas. C3 currently manages three funds with approximately $430 million in assets that provide capital for businesses to finance later stage growth, strategic acquisitions, ownership transitions, and recapitalizations. The funds make investments in the form of subordinated debt or preferred equity in established businesses with a history of profitability. All three funds are licensed as Small Business Investment Companies. More information is available at http://www.c3cap.com.