Would post this in the news section (unless its old news?) but Im not allowed.....
http://www.68caliber.com/news/industry/story04136.php
Tippmann bought by $5.5 billion company
A confidential informant very close to the Tippmanns has come forward to report that Tippmann has been bought by Summit Partners, a $5.5 Billion dollar corporation. As part of the acquisition, the Tippmann family will be kept on as minority partners to assist running the company. Leading salespeople have been asked to remain on as well.
The deal will consumate this Friday. More information as it becomes available.
UPDATE:
An independant source with close ties to the industry has come forward to report that Summit Partners paid $75 Million for Tippmann.
http://www.68caliber.com/news/industry/story04136.php
Tippmann bought by $5.5 billion company
A confidential informant very close to the Tippmanns has come forward to report that Tippmann has been bought by Summit Partners, a $5.5 Billion dollar corporation. As part of the acquisition, the Tippmann family will be kept on as minority partners to assist running the company. Leading salespeople have been asked to remain on as well.
The deal will consumate this Friday. More information as it becomes available.
UPDATE:
An independant source with close ties to the industry has come forward to report that Summit Partners paid $75 Million for Tippmann.