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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private equity investment firm.
They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction.
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3]
Armslist.com is a classified advertisements website with sections devoted to firearms, firearms accessories, outdoors equipment, miscellaneous firearms related materials, and discussion forums. Armslist has drawn criticism and support due to it facilitating the legal sale of firearms between individuals online.
Acquired bankrupt ANC Rental, then owner of the National and Alamo car rental chains, for $230 million in October 2003, and subsequently sold to Enterprise Rent-a-Car in 2007. [59] Purchased DaimlerChrysler's 45% share of debis AirFinance, an aircraft leasing business, in May 2005. Acquisition of debis AirFinance (later renamed AerCap) was ...
Remington Arms manufactured many different models of rifles, shotguns, and handguns during its existence. A smaller number of products have been offered under the Remington Firearms brand. [ 17 ] As of March 2024 [update] , the following models were listed on the company's website: [ 18 ] [ 19 ]
On July 9, 2019, Vista Outdoor completed the sale of Savage Arms [25] and Stevens Arms for $170 million to a group of investors led by Savage's management. Vista received immediate gross proceeds of $158 million and a $12-million five-year note.
The following is a list of illegal arms dealers – individuals involved in the illicit sale and transfer of firearms. Name