MacNeill Pride Group, a global designer and manufacturer of outdoor products and sporting goods, has acquired Klymit, an outdoor gear designer. MPG is a portfolio company of Centre Partners.
The deal follows MPG’s recent acquisitions of GCI Outdoor, a designer of outdoor recreation equipment, including portable camping chairs, camp kitchens, waterside chairs and recliners and other outdoor gear, and Orca, a supplier of coolers, drinkware and other outdoor accessories.
“Klymit’s distinctive outdoor products, authentic brand, and innovation-focused culture are a natural fit with our growing platform of outdoor brands,” said Keith Bornholtz, CEO of MPG. “This acquisition expands our portfolio into new, complementary markets, enabling our brands to meet multiple consumer needs as they spend more time outside. This clearly furthers our goal of providing consumers with brands that enhance every outdoor experience so they want to come back again and again.”
Cory Tholl, President and CEO of Klymit, said “I am thrilled that Klymit will join MPG’s portfolio of innovative outdoor brands. This partnership will enable Klymit to reach more outdoor enthusiasts with the ultimate mission of getting more people outside with the people they care about.”