Simms Fishing Products Sells, Again
The Bozeman –based company Simms Fishing Products is to be sold again as part of a group of companies being purchased by Revelyst for $1.125 billion. The deal is expected to close in January.
Revelyst includes the brands Bushnell Golf, Bell, Giro and CamelBak in addition to Simms, and is a division of Vista Outdoor Inc., which bought Simms in 2022 for $192.5 million. After purchasing Simms, and two other local brands, Vista located its company in Bozeman. They two other local companies were Blackhawk in Manhattan, and Stone Glacier, Bozeman.
Simms, recognized nationally for fishing products a, is located west of Bozeman at Four Corners . It was founded in 1980 and purchased by K.C. Walsh in 1993.
The deal is with Strategic Value Partners, LLC, or “SVP,” which is a “global alternative investment firm” that manages $19 billion in assets. It is located in Greenwich, Connecticut and has offices in New York and London.
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