BRS & Co., a New York-based private equity firm, has acquired majority control of Shearwater Research Inc., a designer and manufacturer of dive computers and rebreather electronics serving the technical diving market.
Jim Hartt, Shearwater’s CEO, said, “BRS’s experience and knowledge of bringing enthusiast consumer brands to a broader audience will be valuable as we seek to reach more customers with new products.”
Rashad Rahman, BRS Managing Director, said, “The Partridges and the senior management team of Shearwater have built a brand that is highly sought after by the most demanding divers in the world. Shearwater has become synonymous with superior design and innovation within the technical diving market. We are honored to partner with the Partridges and senior management to help Shearwater achieve its mission and objectives.”