Kent Watersports, a portfolio company of Seawall Capital, has undergone a rebrand to Kent Outdoors and has acquired Bote and Kona Bicycles.

The rebrand follows the firm’s strategy of expanding its focus to outdoor recreation activities as a whole. The deal strengthens this mission as the firm is building a brand portfolio that enables recreation on land, lakes, rivers, oceans, mountains and snow across all four seasons.

Bote is a water sports brand delivering paddle boards, inflatable kayaks, floating dock services and additional water sport products. Kona Bicycles has 34 years of experience delivering a suite of bikes for all types of cyclists.

“Kent Outdoors is – and always has been – a place where passionate founders can grow their brands,” said Ken Meidell, CEO of Kent Outdoors. “We believe in autonomy with accountability for our brands: we provide targeted support behind the scenes, while giving each brand the independence to grow to their full potential. Our goal is to make space for visionary founders to create, build, and better connect with one another, and with their customers.”

Gibson, Dunn & Crutcher LLP and Dechert LLP served as legal advisors to Kent. Houlihan Lokey Capital, Inc. served as financial advisor to Bote and Godfrey & Kahn S.C. served as legal advisors to BOTE. Bell Lap Advisors served as financial advisor to Kona and Betts, Austin, Johnson served as legal advisors to Kona. Additional financing for both transactions was provided by a bank group led by the Private Credit business within Goldman Sachs Asset Management and Huntington Bancshares Inc.