Headquartered in Paducah, KY, Higdon Outdoors is a premier, multi-brand designer and supplier of hunting and sporting dog accessories. With more than 1,000 dealer locations worldwide, the company’s flagship Higdon Outdoors brand is the industry leader in waterfowl decoys. The company’s Power Calls brand was founded in 2016 in partnership with World Goose Calling Champion of Champions, Kelley Powers. In 2018, the company broadened its brand portfolio with the acquisition of MOmarsh, an innovative leader in waterfowl hunting blinds and sporting dog accessories.
The investment by Clearview allowed the company’s owners to recapitalize the business and provided additional capital to support the company’s organic and acquisition growth initiatives.
The platform transaction closed on August 18, 2020. Along with management, Clearview invested equity from Clearview Capital Fund IV, LP and its affiliates.
Higdon Outdoors represents the first platform acquisition under Clearview’s Vertikal Brands (“Vertikal Brands”) strategy to invest in and build “mini platforms” in large sub-segments of the broader outdoor industry to maximize upside while maintaining ultimate flexibility. Clearview partnered with the Vertikal Brands team to execute this strategy, which includes former executives of Battenfeld Technologies, Inc. (“Battenfeld”), a Fund II portfolio company, acquired by Clearview in 2012 and subsequently sold to the company now known as Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI) in December 2014.