The company has signed a definitive agreement to sell Pure Fishing to Sycamore Partners, a leading private equity firm specializing in consumer, distribution and retail-related investments. Sycamore Partners is the surprise choice of new owner for the business. Newell Brands has agreed to sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity for about $2.5 billion. The portfolio companies shown represent substantially all of Sycamore Partners’ investments since 2011 (except Liquid Opportunities). Sycamore Partners will show prospective buyers that they’ve done great things with Pure Fishing, but that there are still great opportunities ahead … and those opportunities will be right in the wheelhouse of that prospective buyer. LINK (via: Fishing Tackle Reader) Mr. Kent succeeds Neil Eibeler, who has stepped down from the business Mr. Kent comes to Pure Fishing with over 30 years of experience working with … Mr. Kent succeeds Neil Eibeler, who has stepped down from the business. Sycamore Partners is well known for partnering with management teams to create value, and I look forward to benefiting from their support and expertise. Sycamore Partners today announced that it has completed its acquisition of Pure Fishing from Newell Brands. In conjunction with the acquisition of the business by Sycamore Partners, Pure Fishing is pleased to announce the appointment of Harlan M. Kent as Chief Executive Officer, effective immediately.
November 10, 2018 November 12, 2018 moldychum. Newell Brands has today announced that it has agreed the sale of Pure Fishing to a New York-based private equity group in a deal that is worth $1.3 billion. Newell Brands has signed an agreement to sell Pure Fishing to Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments. Both transactions are … Mr. Kent succeeds Neil Eibeler, who has stepped down from the business. Together with Pure Fishing's employees, we will best leverage our portfolio of leading brands to the benefit of our customers.
Pure Fishing is a global provider of fishing tackle, with a portfolio of brands that includes Hardy and Grey’s. That is, until something goes awry: a hook stuck in your palm, line-burn on your thumb, gill-raker gash on your knuckles, frostbite; even that badge of honor known as bass thumb can become an annoyance. Pure Fishing, which was recently acquired by private equity firm Sycamore Partners, has appointed Harlan M. Kent as its new chief executive officer, effective immediately. Newell Brands has signed an agreement to sell Pure Fishing to Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments. Proceeds from the sale of Pure Fishing, along with the sale of yearbook and class ring seller Jostens to Platinum Equity, are part of Newell’s 2018 financial transformation plan.
COLUMBIA, S.C. – In conjunction with the acquisition of the business by Sycamore Partners, Pure Fishing is pleased to announce the appointment of Harlan M. Kent as Chief Executive Officer, effective immediately.
“I am honored to be a part of the Pure Fishing team, particularly at this exciting juncture,” said Mr. Kent. Sycamore Partners is a private equity firm specializing in consumer, distribution and retail-related investments. No financial terms were disclosed. It is unknown in fishing circles and owns no outdoor leisure-related industries. Peter Morrow, Managing Director at Sycamore Partners, said, "Pure Fishing and its portfolio of global brands represent an exciting opportunity to continue our strategy of investing in and supporting great retail and consumer brands with significant potential. Destin, FL — Barely a thought goes toward your hands and their role in catching fish.