Falconhead Capital LLC and M3 Outdoor Investments have teamed up to purchase Kwik Tek Inc., a supplier of outdoor branded products for the water and winter sports industries. Financial terms of the deal were not disclosed.
Kwik Tek designs a variety of outdooring products using the Airhead, Dryopak, Sportsstuff and Yukon Charlie’s brands. The target’s portfolio of sports products include: towables, inflatables, life jackets, wakeboards, kneeboards, snowshoes, trekking poles, snow sleds, pool floats, lounge items and accessories. Kwik Tek, based in Colorado, was founded in 1991 by the target’s current CEO Aaron Kramer.