Salt Creek Capital Announces the Sale of Warne Scope Mounts
Dec. 13, 2022
Woodside, California (December 13th, 2022) – Salt Creek Capital is pleased to announce the sale of Warne Scope Mounts (“Warne” or the “Company”) to an affiliate of Maple Hill Capital (“MHC”). Founded in 1991, Warne designs, manufactures, and sells high quality Made in the USA firearm accessories. Salt Creek Capital originally acquired the Company in 2013 in partnership with Warne CEO Mr. Dan Goetz.
Mr. Goetz commented, “It has been an incredible journey leading Warne during the past decade. During that time, we developed a top tier management team, significantly expanded the Warne branded product family and customer base, while building a highly automated world-class manufacturing facility here in Oregon. I am grateful for Salt Creek’s support as an advisor and committed partner and for their leadership in achieving a successful sale.”
Mr. Dan Phelps, Managing Partner at Salt Creek Capital, stated, “Dan and his team are all passionate shooting enthusiasts, and their commitment to quality and innovation helped drive growth and market leadership. We are grateful for their hard work and dedication in building a category leader. The Company is well positioned for the future, and we look forward to seeing what more the Warne team can accomplish. MHC’s acquisition is validation of the Company’s strong customer value proposition as well as its potential for further scaling in the coming years under MHC’s ownership and guidance.”
About Warne Scope Mounts
Founded in 1991, Warne is a leading independent manufacturer of firearm scope mounting systems in the U.S. and is the #1 independent supplier of scope mounts and bases in the market with a reputation for producing high-quality, reliable products. Located near Portland, OR, the Company sells scope mounts under its own brand and private labeled proprietary products for major original equipment manufacturers (OEM’s). More information is available at www.warnescopemounts.com.
About Salt Creek Capital
Salt Creek Capital is a San Francisco Bay Area-based 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 Tyler Romrell at email@example.com or visit www.saltcreekcap.com.