Weinberg Capital Group acquires Drake Waterfowl Systems

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CLEVELAND, September 20, 2021 / PRNewswire / – Weinberg Capital Group (“WCG”) is pleased to announce the acquisition of Drake Waterfowl Systems (“Drake” or the “Company”), a leading supplier of hunting, fishing and leisure clothing for outdoor enthusiasts sold under the Drake brand. Situated at Olive branch, MS, Drake offers a full line of clothing ranging 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 partner WCG. Nick leiby.

“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. Jean 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.

About Drake Waterfowl Systems

Since 2002, Drake has been the industry leader in the design and innovation of technical clothing and accessories for hunting and fishing. Based at Olive branch, MS, the Drake family of brands includes: Drake Waterfowl Systems®, Non-Typical by Drake®, Ol ‘Tom®, Drake Performance Fishing®, Drake Clothing Company® and McAlister®. Drake offers hunters and fishermen high quality technical clothing, footwear and field accessories essential for waterfowl hunters, deer and big game hunters, turkey hunters, freshwater fishermen and highland bird hunters. Drake strives to help create lasting memories on the field and on the water among family and friends today and for generations to come. For more information, visit www.drakewaterfowl.com.

About Weinberg Capital Group

Weinberg Capital Group is a Cleveland, OH-based family office that invests in well-positioned mid-market companies located in the United States with annual revenues of $ 10-100 million and EBITDA of $ 2-10 million. of dollars. WCG seeks to partner with leadership teams and leverage its flexible, long-term capital to maximize value for all stakeholders. The company’s current portfolio spans a wide range of industries including consumer products, manufacturing, business services and value-added distribution. For more information, visit www.weinbergcap.com.

SOURCE Weinberg Capital Group

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