D.A. Davidson Acts as Sell-Side Advisor to Acme United Corporation on the Sale of its Camillus and Cuda Brands to GSM Outdoors

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as sell-side advisor to Acme United Corporation on the sale of Camillus and Cuda brands to GSM Outdoors. Based in Shelton, Connecticut, Acme United is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. The Company’s leading brands include First Aid Only, First Aid Central, PhysiciansCare, Pac-Kit, Spill Magic, Westcott, Clauss, DMT, Med-Nap, and Safety Made.

“The sale will allow us to place an increased focus on our primary product lines,” said Walter C. Johnsen, Chairman and CEO of Acme. “We believe that GSM Holdings provides an outstanding platform to service the Camillus and Cuda customers and to expand in the fishing, hunting, and camping markets in the U.S., Canada, and Europe. We look forward to working with GSM to help to ensure a smooth transition.”

“GSM Outdoors has built an impressive portfolio of hunting and fishing assets,” said Michael Smith, Managing Director at D.A. Davidson. “The addition of Camillus and Cuda further strengthens the GSM Outdoors portfolio and gives both brands an immediate launching pad for further growth.”

D.A. Davidson’s Consumer Group has a reputation for its depth of industry knowledge, breadth of capabilities, and tenacity of its senior professionals. Offering sector-specific expertise through a full-service platform, the team provides M&A, strategic advisory, and equity capital markets capabilities across several subsectors, including active and outdoor; diversified consumer products; personal care & beauty; consumer services; eCommerce & marketplaces; and food & beverage. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the brand of D.A. Davidson MCF International.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,620 employees and offices in 30 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.