lasers

Smith & Wesson to Acquire Crimson Trace

Smith_Wesson_2Smith & Wesson Holding Corporation, a leading manufacturer of firearms and a provider of quality accessory products for the shooting, hunting, and rugged outdoor enthusiast, today announced that it has signed a definitive agreement to acquire Crimson Trace Corporation (Crimson Trace), the industry leader in laser sighting systems and tactical lighting for firearms, for $95.0 million, subject to certain adjustments, utilizing cash on hand.

Crimson Trace has long been a key supplier of laser sighting systems for Smith & Wesson.  For more than two decades, Crimson Trace has provided consumers, military units, and law enforcement officers around the globe with the world’s largest selection of award-winning laser sight and tactical light products.  Crimson Trace offers more than 225 products and is widely recognized as the world’s leading brand of laser sights for firearms.  Its award-winning innovations include the Lasergrips®, Laserguard®, and Rail Master® platforms.  The company’s product line also includes the Defender Series®, Lightguard®, and its new LiNQ™ wireless activation system.  Based in Wilsonville, Oregon, Crimson Trace operates from a 50,000 square foot , leased facility where it engineers and manufactures its products.

Crimson Trace was founded 22 years ago and has organically generated a ten year compound annual revenue growth rate in excess of 10%.  The company maintains a product development team that has an established track record of launching high-quality, innovative laser sighting products.  As a result, its products maintain a premium position with hundreds of independent retailers as well as large sporting goods retailers, including Cabela’s, MidwayUSA, Nation’s Best Sports, and internet retailer Optics Planet, Inc.   Continue reading

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