Private equity firm Bruckmann Rosser Sherrill & Co. (BRS) purchased airgun manufacturer Gamo Outdoor SL of Spain.
Terms of the deal remain undisclosed, but New York-based BRS typically makes control investments in companies with enterprise values of between $50 million and $250 million. The firm specializes in the restaurant and specialty retail sectors.
Madrid-based MCH Private Equity SL launched a sale process for Gamo with investment bank Harris Williams & Co. running the auction.
The transaction closed on Aug. 2. Bankers on the deal included Thierry Monjauze and Eric Logue from Harris Williams’ London and Richmon, Va. offices, respectively.
Headquarted in Barcelona, Gamo makes guns, pellets and other accessories to the outdoor sports and gaming market.