CLEVELAND – September 20, 2021 – Weinberg Capital Group (WCG) is pleased to announce the acquisition of Drake Waterfowl Systems, a supplier of hunting, fishing and leisure clothing for outdoor enthusiasts sold under the Drake brand. Based in Olive Branch, Mississippi, Drake offers a full line of apparel from jackets to headwear, as well as a wide variety of complementary products such as waders, blinds and accessories.
Founded in 2002, Drake was the first company to design innovative technical clothing specifically for waterfowl hunting. Over the past two decades, Drake has grown to become an authority in the category and has built a very loyal following through its continued focus on product quality. In addition to its waterfowl offering, Drake also offers designer clothing for deer hunting (not typical), turkey hunting (Ol ‘Tom) and fishing (Drake Performance Fishing), as well as casual wear for men, women and children. Today, Drake sells its products through its extensive network of big box retailers and dealers and on its website.
“We look forward to partnering with management to build on Drake’s strong heritage within the hunting and outdoor community,” said Nick Leiby, WCG Partner.
“We are very excited and proud to have the opportunity to partner with WCG to take our brands to the next level while remaining true to the core values that have brought the company to where it is today,” said the CEO of Drake, John Woodard. “Success in the outdoor industry begins and ends with relationships and the ease of doing business, a philosophy shared by WCG. “
WCG is actively researching add-ons for Drake.
Posted on September 20, 2021
Source: Weinberg Capital Group