COVINGTON, Ga.--(BUSINESS WIRE)--Arcus Hunting, LLC, a Bregal Partners company, has completed its acquisition of PAT Acquisition, LLC (“Tink’s”), the #1 brand of deer lures and attractants. Tink’s marks Arcus Hunting’s second investment in as many months following its acquisition of leading scent control brand, Dead Down Wind. Arcus Hunting acquired Tink’s from Frist Capital, LLC a private investment company based in Nashville.
“The acquisition of Tink’s is the result of our targeted effort in the fragmented and growing bowhunting and archery accessories industry,” said Scott Perekslis, Managing Partner and co-founder of Bregal Partners. “With Tink’s and DDW, Arcus now has two industry-leading brands that enhance the odds of a successful hunt. We intend to preserve the unique heritage of each brand while building on the innovation, product performance, and compelling consumer value proposition that make each brand a leader in its category.” Mr. Perekslis added, “We are pursuing further strategic investments in complementary brands, with particular focus on scents and lures, food attractants, targets, decoys, and related consumable categories that enhance hunters' performance in the field."
Tink’s President, Phil Robinson, added, “I have enjoyed working with the team at Frist Capital for nearly a decade and am excited for the next chapter in Tink’s 45-year history. Tink’s has been the industry leader for decades but there continues to be significant untapped potential, and I am looking forward to realizing that potential with the team at Bregal Partners.” Phil Robinson will be promoted to President of Arcus Hunting at closing.
Harris Williams acted as financial advisor to Bregal Partners and Arcus Hunting in the transaction, and Sidley Austin LLP served as their legal advisor. Bass, Berry & Sims Plc represented Frist Capital and Tink's. Terms of the deal were not disclosed.
About Tink’s
Tink’s makes the finest deer lures, scents, and attractants for the hunting enthusiast. Tink’s famous #69 Doe-In-Rut deer lure has been a favorite of hunters for 45 years and is the benchmark by which other deer lures are measured. In addition to its industry-leading deer lures, Tink’s offers predator scents, big game lures, and scent dispersal accessories. Tink’s has been a pioneer in the industry since its founding in 1969 and recently launched its patented Hot Shot®. Tink’s is based in Covington, Georgia. www.tinks.com
About Arcus Hunting
Arcus Hunting is an acquisition and organic growth platform seeking to build a strong portfolio of leading brands in the bowhunting and archery accessories category. Through its subsidiaries Tink’s and Dead Down Wind, Arcus manufactures and markets a range of leading deer lures, attractants, and scent control products. Arcus is actively seeking additional opportunities for investment in the scent control, scents and lures, food attractants, targets, decoys, and related consumable categories. www.arcushunting.com
About Bregal Partners
Bregal Partners is a private investment firm that invests alongside outstanding management teams to build industry leading companies in the middle market. Areas of focus include branded consumer products, food, energy services, and healthcare. With $500 million of committed capital funded by a sixth-generation family foundation with roots back to 1841, Bregal Partners brings experience, stability, and a long-term outlook to all of its investments. Bregal Partners is part of Bregal Investments, a global family of investment vehicles that has invested more than $9 billion since 2002. www.bregalpartners.com
About Frist Capital
Frist Capital, LLC is a private investment company based in Nashville, Tennessee.
