Revelyst Acquisition & Valuation

Fusheng Precision Co Ltd is engaged in the business of exporting high-quality golf club heads, carbon fiber golf shafts, golf club assembled sets, baseball, and softball bats, and industrial precision parts. Its business segments include Golf Business and Sports Equipment Business. Also the company provides aerospace and automotive precision parts.

Giant Group, formerly Giant Manufacturing, is a Taiwanese bicycle manufacturer headquartered in Taichung and listed on the Taipei exchange under ticker 9921. Founded in 1972, it designs, manufactures and sells bicycles and components under the Giant, Liv, Momentum and Cadex brands and is widely regarded as the world's largest bicycle maker. It sells to consumers through branded retail stores and dealers and supplies bicycles to other brands as an original equipment manufacturer, with production in Taiwan, China, Europe and other regions. Its alloy subsidiary D.Mag in Kunshan, China, produces aluminium and magnesium alloy materials and accounts for about 7 to 8 percent of group revenue; in August 2026 Giant agreed to raise its stake in D.Mag to 96.63 percent. The group reports in new Taiwan dollars, and its first-half 2026 results showed a rebound in second-quarter revenue and a sharp rise in net profit. Revenue comes mainly from product sales of complete bicycles, parts and accessories.

Toread Holdings Group Co Ltd is engaged in the research and development, design, production and retail of outdoor products. It offers skin suits, children's outdoor equipment, and outdoor sports shoes, as well as equipment supplies.

Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.

Johnson Health Tech Co Ltd is a producer of fitness equipment. The main activities of the company is manufacturing and selling sports equipment, cardio equipment, weight training equipment, and related electronic components.

NOBULL is an athletic footwear and apparel company based in Boston, Massachusetts. It was founded by Marcus Wilson and Michael Schaeffer, two former Reebok colleagues, and its name is short for no bullshit. The brand makes minimalist training shoes and sportswear built to be durable across a range of movements, initially for the CrossFit community, and has since expanded into other sports. It was title sponsor of the CrossFit Games from 2021 to 2023, signed a six-year partnership with the PGA Tour in 2022, became official sponsor of the NFL Scouting Combine from the 2023 season, sponsors San Francisco 49ers quarterback Mac Jones and sponsored the UFL for its 2026 season. NOBULL grew strongly during the COVID-19 pandemic and raised $32 million in 2021 at a $500 million valuation, then cut about 35% of its staff, around 75 workers, in December 2022. Entrepreneur Mike Repole took a majority stake in July 2023. In January 2024 Tom Brady agreed to merge his health and apparel brands into the company and become its second-largest shareholder.

Yonex is a Japanese manufacturer of sporting goods best known for badminton racquets, shuttlecocks and strings, with product lines that also cover tennis, soft tennis, golf, running, snowboarding and sports footwear and apparel. The company was founded in 1946 and is headquartered in Tokyo, with product development and manufacturing in Japan and sales through subsidiaries and distributors in many countries. It sells to players from recreational to elite level through sports retailers, its own channels and regional distribution partners, and it sponsors professional athletes and tournaments. Revenue comes from product sales of equipment, footwear and apparel. The company is listed on the Tokyo Stock Exchange and pursues growth in overseas markets under a medium to long-term strategy that treats India as a priority region.

Gymshark is a Solihull-headquartered online retailer of performance fitness apparel and accessories, shipping to over 180 countries. Founded in 2012, it designs collections including leggings, sports bras, hoodies, and training shoes for weightlifting, running, and yoga. Gymshark maintains a direct-to-consumer model via its website and app, bolstered by social media communities on Instagram and TikTok.

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was $2.8 billion in fiscal 2025. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 84% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total fiscal 2025 RV unit volume was 36,911. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.

Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home and Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty and Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.

Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.

Harvia PLC is a sauna and spa company. The company's brands and product range are well known in the market, and the company's comprehensive product range aims to meet the needs of the international sauna and spa market, both for professionals and consumers. The group's product range includes sauna heaters, sauna rooms, infrared and steam saunas, steam showers, spa components, control units, heater stones, sauna accessories, and sauna interior solutions such as sauna benches, audio speakers, and lighting solutions.

Dometic Group AB provides leisure products for recreational vehicles (RV), marine and commercial and passenger vehicles (CPV) markets. It provides branded solutions for mobile living in the areas of climate, Power & Control, hygiene and sanitation, and food and beverage. It serves the market with a complete range of air conditioners, refrigerators, awnings, cookers, sanitation, lighting, mobile power equipment, windows, doors, and other comfort and safety products that make life away from home more comfortable. The group is organized into four regions, Europe, Middle East and Africa (EMEA), the Americas, Asia Pacific (APAC), and other countries.

Genda Inc is a pure holding company engaged in management support for several subsidiaries in entertainment businesses. The company has two business segments: Entertainment Platform Business and Entertainment and Content Business. The company generates the majority of its revenue from the Entertainment Platform Business segment, which is engaged in developing "Karaoke," which operates karaoke facilities and distributes equipment, and "Food & Beverage (F&B)," which provides food and drinks as a platform to deliver "Food as Entertainment". The Entertainment and Contents Business includes Character Merchandising (MD), which plans and provides product and events that utilize the characters that appear in IPs and the worldview and appeal of those IPs, as well as anime production and publishing.

Husqvarna AB provides products and solutions for managing forests, parks, and gardens. The product range includes robotic mowers, battery and petrol-powered chainsaws, trimmers, riding lawn mowers, as well as watering solutions. In addition, the group offers equipment for sawing and drilling in concrete surfaces, floor preparation, as well as diamond tools for the light construction industry. Its products are marketed mainly under the Husqvarna and Gardena brands. The group's operating segments include the Husqvarna Forest and Garden Division, which generates key revenue, the Gardena Division, and the Husqvarna Construction Division. Geographically, it generates maximum revenue from the United States and the rest from Germany, France, Sweden, the United Kingdom, Austria, and other regions.

Shuhua Sports Co Ltd is a provider of fitness equipment and health solutions in China. It has four production bases and two operation centers in China. The company offers home fitness, commercial fitness, physical training, campus sports and various others. Its global business covers more than 60 countries and regions, including Europe and the United States, the Middle East and Southeast Asia.

Positec is a Suzhou-headquartered manufacturer of power tools and outdoor equipment under WORX and Rockwell brands. Established in 1994, it produces cordless drills, lawn mowers, and angle grinders distributed in over 100 countries through retailers like Home Depot and Amazon.

100 Thieves is a Los Angeles-based esports organization and apparel brand founded in 2017, competing in League of Legends, Valorant, and Call of Duty with professional teams that have won multiple championships. The company operates a 10,000-square-foot headquarters in Culver City, sells streetwear through its online store, and partners with brands like Chipotle and Razer, reaching 5 million social media followers.