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Completed Transactions > Food, Beverage & Consumer Products/Services > Glacier Glove Acquired By Elvisridge Capital

Glacier Glove Acquired By Elvisridge Capital

Glacie Glove TS Full

Date

Apr 2022

Region

Nevada

We are pleased to announce the sale of our client, Glacier Outdoor, LLC (dba Glacier Glove) to Elvisridge Capital, LLC. The acquisition closed April 1, 2022.

Located in Reno, Nevada, Glacier Glove (GG), founded in 1982, manufactures and distributes specialty outdoor activity gloves. The Company also sells hats, sun protection products, hoods, and other complementary products. GG utilizes the finest fabrics that function in cold, wet, or windy conditions. 

GG targets fisherman, hunters, paddlers, cyclists, ice climbers, hikers, Navy Seals, government entities, expeditions, mountain climbers, military operations, and other outdoor enthusiasts throughout the world. GG is well known in the national market and has an excellent reputation for the breadth of products offered, customer service, and timely delivery of products.

Elvisridge Capital (EC), based in Beechwood, Ohio with additional offices in Tampa and Detroit, is a private investment firm offering personal attention, operational expertise, and strategic resources to the companies it acquires. The firm’s target investment sectors include sportfishing and landscape products. 

Michael Southard, Managing Director with EC said, “Glacier Glove fits well with our existing portfolio companies in this space. Our strategy will be to continue to add distribution points, as well as increase the speed and quantity of product development.”

Glacier Glove will now join Elvisridge Capital’s other fishing-related brands, Blackfin Rods and BBS (FINS Fishing), a fishing line manufacturer.

Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham and his team, led by Managing Director M&A, Chad Comroe, with the support of Senior Vice President of M&A Amy Wall. successfully closed the transaction

“Glacier Glove fits perfectly within Elvisridge Capital’s fishing theme,” said Comroe. “I am excited to watch them grow together in the future”

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services M&A deals page.

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