Kamylon's management system transformed FeraDyne into the global leader in bow-hunting accessories, in less than three years
BOSTON, April 30, 2014 /PRNewswire/ — Kamylon Capital, a private managerial investment firm, is pleased to announce the sale of FeraDyne Outdoors, LLC to Snow Phipps Group, LLC and to FeraDyne' s senior management. Since acquiring FeraDyne in 2011, Kamylon originated and integrated three additional acquisitions, developed and introduced more than twenty innovative products into the market, and executed several continuous improvement programs and initiatives that reduced costs and improved product quality. As a result, Kamylon turned FeraDyne into the most formidable bow-hunting accessories company in the world.
FeraDyne is the world's largest manufacturer of leading, bow-hunting accessory brands, including the following: Rage™ Broadheads, Muzzy™ Broadheads, Nockturnal™ Lighted Nocks, and Tru-Fire™ Releases. Each of these brands is the leader in its category, and Kamylon identified them through its own proprietary origination process, not through auctions.
Kamylon's "hands-on" managerial investment system enabled it to acquire Rage Broadheads, the first acquisition, an investment opportunity which most private equity firms would avoid. There was no company infrastructure, no management team, no systems, when Kamylon purchased the assets from its parent. Additionally, Kamylon managed the business for the first two months and then transitioned the day-to-day operations by recruiting two excellent managers, Richard Krause (Chief Executive Officer) and Jon Syverson (Vice President of Sales and Marketing) to lead the company. "Kamylon Capital did a terrific job in helping us identify and acquire the high-quality companies and brands within the FeraDyne platform. Kamylon's in-depth business systems and processes greatly assisted management in optimizing results company-wide. The Kamylon team personified teamwork, professionalism, integrity and a bias for action. It was a tremendous partner," said Krause.
"Our work building FeraDyne from the ground up is quintessential Kamylon," said Charles T. Lelon, founder and chief executive of Kamylon. According to Lelon, "The success of FeraDyne is further evidence of the power of Kamylon's managerial investment culture: where managers act like investors and investors act like managers."
For this transaction, Kamylon was advised by the investment bank, Robert W. Baird & Co.; transaction and general legal counsel were provided by the Boston office of DLA Piper LLP; and Covington & Burling, LLP served as intellectual property counsel.
About Kamylon
Kamylon is a managerial holding company that invests in and provides ownership transition solutions to LargeLocal™businesses. Typically family or entrepreneur-controlled and often owner-operated, LargeLocal businesses range from roughly $8 to $80 million in sales and $1 to $8 million in cash flow. To learn more about Kamylon, please visitwww.kamylon.com.
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