Crosman was sold for $152 million in cash by Kazmaier Associates and had revenues for the trailing 12 months of about $118 million making airguns, archery, optics and related accessories. CODI said it funded the purchase with cash on hand and its existing credit facility and will own 98.9% of the entity with some of the management investing in the rest. CODI added that the transaction would add $0.12 per share ($7.2 mm) in cash flow this year. CODI has two other platforms related to sporting goods in Liberty Safe and 5.11 Tactical. Prior, it had owned CamelBak but a ... Log in to view full article.