Private Companies 13
May 20, 2018: SSR Communications, Inc.: Mossberg Terminates Relationship with Dick's Sporting Goods
NEWS BITES - PRIVATE COMPANIES
O.F. Mossberg & Sons, Inc., a leading American firearms manufacturer, will discontinue selling products to Dick's Sporting Goods, and its subsidiary, Field & Stream, in response to their hiring of gun control lobbyists in April 2018.
Effective immediately, O.F. Mossberg & Sons will not accept any future orders from Dick's Sporting Goods or Field & Stream, and is in the process of evaluating current contractual agreements.
"It has come to our attention that Dick's Sporting Goods recently hired lobbyists on Capitol Hill to promote additional gun control," said Iver Mossberg, Chief Executive Officer of O.F. Mossberg & Sons. "Make no mistake, Mossberg is a staunch supporter of the U.S. Constitution and our Second Amendment rights, and we fully disagree with Dick's Sporting Goods' recent anti-Second Amendment actions."
Consumers are urged to visit one of the thousands of pro-Second Amendment firearm retailers to make their purchases of Mossberg and Maverick(Registered) firearms. Firearm retailers can be found through the Mossberg Dealer Locator by visiting http://www.mossberg.com/dealers/.
SECTION 1 SSR COMMUNICATIONS, INC. PROFILE
SECTION 2 PRESS RELEASES: 2018
SECTION 3 OTHER NEWS: 2018
SECTION 1 SSR COMMUNICATIONS, INC. PROFILE
SSR Communications, Inc. operates an online portal for retailers of shooting sports and related equipment. The companys portal enables retailers to stay informed on the latest news and product information affecting their retail businesses. It also publishes bi-monthly publications in content and design, as well as a Website to provide retail subscribers and other industry professionals with timely updates and an interactive experience not available in print edition. In addition, the company offers manufacturers and distributors the BPA-audited circulation of retailers available in the industry. It serves customers through its sales representatives. The company is based in Birmingham, Alabama. SSR Communications, Inc. operates as a subsidiary of Grand View Media Group, Inc.
Industry: Software and Technology Services
SECTION 2 PRESS RELEASES: 2018
May 08: SSR Communications, Inc.: Zanders Sporting Goods Partners with Celerant Technology to Streamline Processing
Zanders Sporting Goods, a national distributor located in Sparta, Illinois, has established an integration partnership with Celerant Technology. This integration will allow FFL dealers to gain direct access to Zanders' retail products and distribution services to streamline their inventory supply chain, for in store and online sales.
Through this integration, dealers can access Zanders' entire online catalog of more than 40,000 products, select the products they want to sell, and import the data into Celerant's point of sale database. By setting minimum/maximum inventory thresholds within Celerant's retail system, purchase orders are automatically created, reviewed and sent electronically to Zanders when inventory is low. In return, Zanders sends a digital order acknowledgement and an advanced shipment notice (ASN) detailing information about a pending order prior to delivery.
'One of the biggest demands we hear from our customers is the need for an affordable and scalable technology solution. That's why we are thrilled to be partnering with Celerant Technology,' said Stefanie Zanders, Vice President and Chief Operating Officer for Zanders Sporting Goods. 'Celerant offers an all-encompassing, turn-key solution that is ideal for small and mid-market retailers with limited technology resources. From a point of sale system to an e-commerce presence Celerant has it covered with their enterprise class technology.'
In addition to streamlining inventory replenishment, Celerant's integration with Zanders allows retailers to display and sell Zanders' merchandise online without stocking inventory or fulfilling orders. This will allow orders to be managed, fulfilled, and either drop-shipped directly to the customer or to an FFL dealer for pickup.
'We are excited to partner with Zanders to offer seamless integration with a leading distributor of sporting goods,' said Ian Goldman, CEO of Celerant Technology.
May 04: SSR Communications, Inc.: AcuSport Files Bankruptcy, Signs Asset Purchase Deal with Ellett Brothers
AcuSport Corporation ("Company" or "AcuSport"), a distributor of shooting sports products, announced May 1 it has entered into an asset purchase agreement with Ellett Brothers, LLC, a wholly-owned subsidiary of United Sporting Companies, Inc. ("United").
United is a leading nationwide distributor of hunting, outdoor and marine products. The asset sale will be made in conjunction with a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code, which AcuSport has filed with the United States Bankruptcy Court for the Southern District of Ohio. By utilizing a "363 Sale" within the Bankruptcy Code, the Company expects to complete its sale on an expedited basis while protecting the interests of our customers, employees and other stakeholders. Under the Bankruptcy Code and to maximize the value of the Company's assets, the sale to United is subject to higher and better offers and court approval.
"We believe today's Chapter 11 filing, in conjunction with the United asset purchase agreement, is the best path forward for our employees, customers and vendors," said William L. Fraim, Chief Executive Officer of AcuSport. "We plan to accommodate the needs of our customers to the greatest degree possible through our sales and customer service teams."
To support operations through this process, AcuSport has secured debtor-in-possession (DIP) financing from of its current secured lenders.
As part of the preparation for its Chapter 11 filing, AcuSport reduced its headcount by 32 full-time employees.
Source: Company Website
March 22: SSR Communications, Inc.: Federal Premium receives five-year duty ammunition contracts
Federal Premium has secured a significant ammunition contract with the Swedish Police Authority, Danish National Police and Norwegian Police.
These forces have committed to a five-year contract beginning in 2018 for the delivery of 223 Rem./5.56x45mm Tactical Bonded and 308 Win. Tactical Bonded Tip ammunition for use in all duty rifles.
"Police in Norway, Sweden and Denmark will now be relying on Federal Premium in their duty rifles to keep their residents safe and protected," said Federal Premium President Jason Vanderbrink. "We're extremely proud of this important contract. Our Tactical Bonded ammunition was chosen for its reliability, accuracy, terminal performance and ability to defeat barriers."
Designed to penetrate the toughest barriers while maintaining terminal performance, both rounds have quickly become the choice for some of the most intense duty situations. The 308 Win. load in particular achieves accuracy and terminal performance unmatched by other ammunition.
Federal Premium is a brand of Vista Outdoor Inc., an outdoor sports and recreation company. For more information on Federal Premium visit www.federalpremium.com.
Source: Company Website
March 14: SSR Communications, Inc.: Bushnell launches new ballistics calculator app
Bushnell announces the release of a new Bushnell Ballistics App powered by the Applied Ballistics Ultralite Engine.
The new Bushnell Ballistics App is a companion app to use with Bushnell riflescopes to calculate firing solutions for ammunition and rifle combinations. The app allows users to use current atmospheric data and AB Laboratory bullet data to calculate the hold-overs needed to make precise shooting solutions.
"The new Bushnell Ballistics App is powered by the Applied Ballistics Ultralite engine, the most trusted ballistics data-cruncher in the industry," said Bushnell Marketing Manager Matt Rice. "With a clean and user-friendly interface, this app allows users to easily build and modify gun profiles and build range cards to calculate firing solutions based on their specific scope and ammunition choices. All of our Bushnell scopes and reticles have been pre-loaded, giving users simple ballistic solutions anywhere they go."
The free app works on both Android and iOS operating systems, and is available on Google Play and the App Store. It is optimized for Bushnell riflescopes and reticles, but is compatible with all optics. Once downloaded, the app functions off the grid, with no cell service required.
The app features AB Connect, which gives users a live library of G1/G7 data as well as the Applied Ballistics Bullet Library with more than 740 pre-loaded bullets. The Bushnell scope library features more than 150 scopes and 30 reticle options. Gun profile management provides up to five saved profiles with reticle-based firing solutions. Plus, multiple target engagement saves up to five targets. Atmospheric data can be updated manually or from the internet when connected. Angle range compensation is also calculated. Range cards can be shared or printed using the Email Range Card Function.
"The new Bushnell Ballistic App puts the power of long-range, first-shot accuracy into the hands of any shooter," Rice said.
March 04: SSR Communications, Inc: TriStar honors top retailer, distributor with awards
TriStar Arms awarded its Distributor of the Year and Retailer of the Year for 2017 during a celebration of accomplishments at the annual SHOT Show in Las Vegas.
TriStar has earned a reputation and following for providing exceptional value, from home defense to upland hunting, and 3 1/2-inch semi-auto magnums to trap guns.
A variety of distributors and retailers have provided that value. But in 2017 it was Zander's Sporting Goods earning Distributor of the Year and Wal-Mart earning Retailer of the Year.
TriStar Viper G2 Bronze
TriStar is looking forward to a strong 2018 with upgrades in its various lines. Interest also is high for the new Viper G2 Bronze in.410, which reliably cycles both 2.5-inch and 3-inch shells.
The Viper G2 Bronze is a gas operated, semi-automatic shotgun that allows you to shoot 3-inch light target loads to heavy waterfowl loads interchangeably. The removable choke system uses Beretta/Benelli Mobile Threads, and includes three choke tubes (IC, M, F), choke box, and wrench. The Viper G2 Bronze features a cerakote receiver, high-grade Turkish walnut with cut checkering and semi-gloss finish.
TriStar Arms is a primary importer of quality shotguns and handguns. The company is driven to provide high-performance firearms for hunters, recreational shooters and home defense at a fraction of the price and to deliver fast and friendly service at all times. Every firearm that TriStar Arms imports is rigorously tested throughout each stage of production to ensure that its customers receive value that can be passed down for generations.
Source: Company Website
SECTION 3 OTHER NEWS: 2018
May 20: SSR Communications, Inc.: Remington Outdoor Company Emerges From Chapter 11 Bankruptcy
Remington Outdoor Company, one of the world's leading designers and manufacturers of firearms, ammunition, and related products, has emerged from Chapter 11 after successfully implementing its plan of reorganization ("the Plan") previously confirmed by the Delaware bankruptcy court on May 4, 2018.
The Plan provides a comprehensive balance sheet restructuring of the Company and converts more than $775 million of the Company's debt into equity. In addition, the Plan provides the Company with a new Asset Based Loan ("ABL") facility of $193 million, the proceeds of which will refinance its prior ABL facility in full, a new $55 million First-In, Last-Out Term Loan and a new $100 million Term Loan.
As an integral part of the Plan, all trade and business claims are unimpaired and will be addressed in the Company's normal course of business. The Plan received support from over 97% of the voting Term Loan Lenders and all of the voting Third Lien Noteholders.
As provided in the Plan, all shares of Remington's common stock issued prior to the commencement of Remington's bankruptcy proceeding were cancelled upon emergence, and Remington has issued new shares of common stock and, in some cases, warrants, to the holders of its previously outstanding funded debt in return for their allowed claims against Remington.
May 20: SSR Communications, Inc.: Sellmark Agrees to Dealer Relationship With MidwayUSA
Sellmark announces a new dealer relationship with MidwayUSA, one of the most trusted names in industry retail, brick-and-mortar and online.
MidwayUSA's focus on affordability and attention to customer service mirrors Sellmark's efforts and achievements through all brand lines. MidwayUSA is slated to offer Sellmark Corporation's three full product lines across three brands-Pulsar, Sightmark and Firefield-as part of the company's online retail business.
Pulsar delivers advanced, industry-leading thermal and night vision optic solutions designed for law enforcement, security, home defense and hunting applications. Pulsar's advanced optic line includes thermal imaging and digital night vision monoculars and riflescopes, night vision binoculars and goggles, rangefinders, IR flashlights and related accessories.
Sightmark manufactures award-winning products including riflescopes, gun sights, laser sights, night vision, flashlights, bore sights and other cutting edge, premium shooting accessories. Inspired by military and law enforcement technology, Sightmark products are designed for competition, shooting, home defense, personal safety and other tactical applications, as well as hunting.
Firefield offers force multipliers and accessories for mission-critical operations and extreme shooting sports involving rifles, shotguns and pistols.
May 20: SSR Communications, Inc.: NSSF Honors Nation's Peace Officers in Washington, D.C.
The National Shooting Sports Foundation, the trade association for the firearms, ammunition, hunting and shooting sports industries, has donated $10,000 to the Fraternal Order of Police to support the National Peace Officers' Memorial Service.
NSSF made the donation to help honor the memories and families of the law enforcement officers from the United States who died in the line of duty in 2017.
"We are deeply grateful and humbled that our nation and our communities have been served by these men and women," said Lawrence G. Keane, NSSF Senior Vice President and General Counsel. "The quality and caliber of these law enforcement officers who stood in the gap to protect their fellow citizens and communities is an ideal to which we all aspire. We are forever grateful to them, and their families, for their full measure of devotion to their fellow citizens."
The National Peace Officers' Memorial Service, hosted by the Fraternal Order of Police, is held annually May 15 in Washington, D.C. More than 20,000 people attend to honor those who have fallen in the line of duty. This year marked the 37th year of the Service.
"On behalf of the Fraternal Order of Police, please accept our most heartfelt thanks and gratitude for this contribution and for your continued support for the men and women in law enforcement," said Chuck Canterbury, National President, National Fraternal Order of Police.
May 20: SSR Communications, Inc.: Criner Joins SIG SAUER in Top Management Position for Ammunition
Industry veteran Brad Criner has joined SIG SAUER as Senior Director, Brand Management and Business Development of ammunition. In this position Criner will be responsible for the management and development of marketing and sales initiatives for SIG SAUER Ammunition.
"SIG SAUER is considered a top innovator across all of its divisions, and is well-respected within the industry," Criner said. "I am excited for the opportunity to join SIG SAUER Ammunition and grow this division through innovative product development, combined with hard-working American manufacturing.
"SIG SAUER offers it all, from firearms, to optics, to suppressors, and ammunition - they are a complete systems provider. Ammunition is a key component of this system and I will ensure that we are integrated, and operating at our best each and every day."
Criner comes to SIG SAUER from a distinguished career at Winchester Ammunition where he served in many roles including Manager of Sales for Dealer Channels, Manager of Product Management and Services, and Senior Product Manager. He has a proven track record in new product introductions, managing product lifecycles, and analyzing and utilizing consumer research to achieve growth and industry success.
"Brad's extensive ammunition experience will be integral to the advancement and continued success of SIG SAUER's ammunition business,"added Daryl G.
May 03: SSR Communications, Inc.: Springfield Armory Severs Ties With Dick's Sporting Goods
Springfield Armory will cease doing business with Dick's Sporting Goods and its outdoors subsidiary, Field & Stream Shops, for the retailer's decision to hire gun control lobbyists.
Springfield Armory, which is based in Geneso, Illinois, announced the decision on its Facebook page. The post had more than 10,000 likes and was shared more than 4,500 times as of late Thursday night.
Dick's Sporting Goods hired three lobbyists in Washington, D.C., to lobby Congress for gun control legislation, according to a report by The Federalist. From the report:
The lobbying records show Dick's hired two Democrats and one Republican from Glover Park Group, a DC-based government affairs firm, for [l]obbying related to gun control." No other policy issues were listed in the disclosure form filed by the firm. The disclosure forms show Dick's pro-gun control lobbying effort began official on April 27, 2018. The official registration form noting Dick's retention of Glover to push for gun control was filed on Monday morning.
Springfield Armory posted the following on its Facebook page Thursday at about 5 p.m.:
GENESEO, IL, (05/03/18) - Springfield Armory is severing ties with Dick's Sporting Goods and its subsidiary, Field & Stream, in response to their hiring a group for anti-Second Amendment lobbying.
This latest action follows Dick's Sporting Goods' decision to remove and destroy all modern sporting rifles (MSR) from their inventory.
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