Gathr Outdoors, a diversified global designer and manufacturer of outdoor products and sporting goods and portfolio company of Centre Partners, has acquired Cascadia Vehicle Tents.
CVT is a provider of rooftop vehicle tents, awnings, off-road trailers and car camping equipment for cars, trucks and SUVs. The firm delivers its products to both the weekend camper and the serious overlander. The firm’s mission is to bring rooftop tents to customers that share a passion for the outdoors.
Following its rebrand from MacNeill Pride Group, Gathr outdoors has reorganized into three segments: outdoor, camp and recreation. The firm has made additional acquisitions in the last two years as Cascadia will join ORCA, GCI Outdoor, Klymit, Rightline Gear and Pride Sports in the firm’s portfolio.
“Cascadia Vehicle Tents is a natural fit for our growing family of outdoor brands,” said Keith Bornholtz, CEO of Gathr Outdoors. “Their mission and values align exactly with our north star of bringing family and friends ‘Together Outside’. Their products make getting outdoors comfortable, convenient and inclusive—for all adventures, big or small— and that is a perfect fit with our collective purpose at Gathr Outdoors.”
Bell Lap Advisors served as financial advisor to Cascadia Vehicle Tents and Twin Brook Capital Partners arranged financing for the transaction.