Experience

CONSUMER PRODUCTS TRANSACTION

Integris Partners recently advised Magpul Industries Corp, the leading branded designer and manufacturer of accessories for the firearms industry, in a recapitalization transaction. Magpul, based in Erie, CO, is known for its high-performance, polymer-based products including magazines, stocks, sights, grips, slings, and many others, used by civilian enthusiasts, law enforcement, and militaries around the world. This transaction, the most recent of a number of consumer products engagements completed by Integris, was sponsored by Bruckmann, Rosser, Sherrill & Co. and Magpul's management, with debt financing provided by SunTrust Bank, Regions Bank, and Triangle Capital Corporation.

“Integris was a terrific advocate, immediately became an extension of the Magpul team, and guided us effectively through every step of the process,” said Richard Fitzpatrick, President of Magpul. “They brought us a great partner who shares our vision and our values, and on terms that worked for us. Magpul has some incredible new products and entire product lines in the works, and with BRS as our new partner, we are confident that our differentiation in the market will only increase. We are eagerly looking forward to SHOT Show 2012.”

Doug Smith, COO, added “Magpul has always prospered by innovation and by rejecting convention. Integris immediately understood what makes us unique within our industry and helped position us effectively with the private equity community. Going forward, we are well placed to grow further with our OEM partners, our distributors, and end users. We couldn't be more excited.”

Bruce Bruckmann, who led the BRS team, commented “In my almost three decades of private equity investing, I have rarely if ever seen an investment bank with such thorough understanding of its client, and such fanatical attention to detail. The guys at Integris were instrumental in bringing this all together.”

Since 1999, Magpul (www.magpul.com) has been developing innovative, mission-driven products featuring enhanced functionality, performance, and style.

For additional information on the transaction. please contact Patrick Seese, Robert Heilbronner, or Ethan Furtek.