New York private equity firm Bregal Partners has formed a new company focused on bow hunting and archery accessories called Arcus Hunting LLC. Bregal plans to build Arcus through acquisitions, starting with Dead Down Wind LLC, which is a scent-control brand used by hunters. Terms of the deal weren't disclosed.
The company's formation is part of Bregal's focus on consumer goods. The company announced in May that it had set aside $100 million for deals in niche consumer brands, in partnership with Michael Magerman, who served as CEO of several consumer goods companies. Bregal's other investments include Dental Partners Inc., which it invested in in August, and Aqua Terra Water Management, which recently bought two saltwater disposal facilities in the U.S.