Regal Products Acquires Regal Industrial Sales, Inc. and Firearm Safety Devices Corp
Dec. 21, 2022
Rochester, NY (December 21, 2022) – Salt Creek Capital is pleased to announce the formation of Regal Products, LLC (“Regal”) and the acquisition of Regal Industrial Sales, Inc. (“RIS”) and Firearm Safety Devices Corp. (“FSDC”). Founded in 1988 and 2009 respectively, RIS and FSDC are two leading suppliers of sporting good accessories and safety devices to equipment manufacturer, retailers, and governmental agencies. Both businesses focus their activities on sales and marketing, domestic inventory management, product design, quality control, and distribution of locks, safety devices, bags, cases, cleaning kits and many other sporting goods accessories.
Shawn Kitchell, Regal CEO, stated, “RIS and FSDC have long been known as reliable suppliers who consistently deliver quality results and innovative solutions for their customers. Strong institutional backing will greatly strengthen our ability to quickly expand our product sourcing capabilities and continue providing dependable onshore inventory management services to our customers.”
Seb Cervinka, Salt Creek Capital Managing Director, added, "Regal has built a dominant market position in its niche through product innovation and a best-in-class reputation for quality and service. We are very pleased to have completed these two acquisitions and look forward to working alongside Regal’s management team to continue providing innovative products and unmatched customer service. We are confident that Salt Creek’s capital and industry experience will help Regal’s management team achieve their growth goals, organically and through acquisitions.”
About Salt Creek Capital
Salt Creek Capital is a private equity firm that partners with experienced operating executives to acquire profitable companies with $5 million - $150 million in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies. For more information, please contact Seb Cervinka at seb@saltcreekcap.com or visit www.saltcreekcap.com.