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Gun Reports - News

Wellspring Capital Management Acquires Crosman Corporation

(GunReports.com) -- Wellspring Capital Management LLC has acquired Crosman Corporation from Pamlico.

Crosman's management team, led by CEO Ken D'Arcy, will retain a significant ownership position in the Company. Financial terms of the transaction were not disclosed.

Crosman serves over 500 retail and distribution accounts that sell its products through more than 10,000 unique locations worldwide. Crosman had been owned by Pamlico and the Company's management since 2007.

Founded in 1923 and based in East Bloomfield, NY, Crosman Corporation is the world's leading designer, manufacturer and marketer of airguns, airsoft guns and related category consumables. The Company markets its products under several proprietary (Crosman, Benjamin, Sheridan, Game Face, Copperhead and CenterPoint) and licensed (Remington, Bushmaster and Marlin) brand names.

For additional information, please visit www.Crosman.com.

Reader Comments

Freaky - I was just looking at a Crosman catalog this a.m. Did you guys know they make a .357 caliber rifle, using Nosler pellets, that they say will drop a 200 lb. boar at 100 yds? I didn't, and I think that's impressive.

Comment by: david b | May 5, 2011