Battenfeld Technologies (“Battenfeld”) is a designer and marketer of branded hunting and shooting accessories, with leading brands and market positions in shooting rests, gunsmithing, cleaning and reloading supplies. The company offers an extensive portfolio of innovative products such as shooting / field rests, gunsmithing tools, gun vises, hearing protection, reloading accessories and vault accessories.
Prior to the acquisition by Clearview, Battenfeld was a sister company of Midway, USA, a family-owned online retailer of sporting goods and accessories. Battenfeld was created in 2000 when the family ownership chose to spin out certain product development functions from Midway. After experiencing rapid growth, the family, which had developed a separate management team for Battenfeld, decided to divest itself of this noncore asset. Management, which had not had an equity stake in the company, was excited to team with an experienced financial partner in a buyout of the company. The transaction allowed management to gain an equity stake for the first time.