Mission Ready has announced the acquisition of the business and certain assets of Wild Things, LLC, scheduled for February 24, 2017 valued at USD $4.5 million.
Mission Ready is acquiring the business of Wild Things, LLC and certain assets including inventories, manufacturing equipment, patents, material contracts, intellectual property, current outstanding purchase orders and the 2017 sales pipeline.
“We are very excited to be adding such a premium brand as Wild Things to our portfolio to complement our Protect The Force brand,” said Rod Reum, CEO & President of Mission Ready.
“We extend a warm welcome to the talented team at Wild Things.”
“The merger of Wild Things with Mission Ready will allow both Wild Things and our PTF Manufacturing Inc. to significantly expand their reach into their current markets as well as have new markets opened up for each entity.”
(Learn More about Wild Gear, courtesy of ADS, Inc. and YouTube)
“This is a huge deal for Wild Things”, said Ed Schmults, CEO of Wild Things.
“To have a global powerhouse for a distribution partner in Asia is very significant for us as well as for some of the product lines of Protect The Force. All of us at Wild Things are thrilled to be working with Rod and the MRS team.”
“These are two complementary businesses that mesh very well together. I think the timing is excellent for MRS and Wild Things to combine resources and take advantage of market opportunities.”
“This sale allows us to significantly strengthen our balance sheet, return capital to shareholders and invest in the growth and development of our business”, said Schmults.
Wild Things, has earned a reputation for sophisticated, tough, lightweight technical outerwear, alpine-style backpacks, haul-bags, and innovative tactical clothing.
Wild Things occupies a unique position in the marketplace with a 35 year heritage of pioneering product design for the specialized needs of the alpine mountaineering and military communities.
Chosen for the world’s most demanding conditions by the world’s most demanding users, Wild Things, LLC manufactures its products in the USA under two divisions, Wild Things for the outdoor enthusiast and Wild Things Tactical for the unique needs of the military and law enforcement communities.
(Learn More about Mission Ready Protect the Force Products, and their Deltoid Protection System. Courtesy of Mission Ready and YouTube)
MRSI’s mission is to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.
Mission Ready has three distinct, synergistic operating divisions:
- Strategic consulting services and manufacturers representation
- Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
- Product research and development
Mission Ready’s management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.