Platinum Equity has announced the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital. Financial terms were not disclosed. The acquisition is expected to be completed in Q3 2024. Headquartered in Irving, Texas, GSM Outdoors is a leading outdoor and consumer sporting goods company with a diverse, growing portfolio of more than 50 different brands. Latham & Watkins LLP represents Platinum Equity in the transaction with a corporate deal team led by Washington, D.C. partners David Brown and Marc Granger, with associates Joshua Blankenship, Hanks Bird, and Vikhyath Veeramachaneni. Advice was also provided on private equity finance matters by Washington, D.C. partners Scott Forchheimer and Melissa Frankel Fabian, with associates Melissa Doura, Jake Goodman, and Matt Bargamin; on tax matters by New York partner Matthew Dewitz, with associate Shiyi Parsons; on real estate matters by Chicago counsel Jeffrey Anderson and San Diego counsel David Rao; on intellectual property matters by Washington, D.C. counsel Kieran Dickinson, with associates Kellye Quirk and Tyra Richmond; on environmental matters by Washington, D.C. partners James Barrett and Julia Hatcher, with associates Tal Carmeli and James Bee; on ESG matters by London partner Paul Davies and counsel Michael Green; on anti-bribery and anti-corruption matters by Washington, D.C. partner Joseph Bargnesi, with associate Chris Caulder; on sanctions and export controls matters by Washington, D.C. associates Elizabeth Annis and Amulya Vadapalli; on FDA regulatory matters by Washington, D.C. partner Elizabeth Richards, with associates Meryl Bartlett and Evan Miller; on US antitrust matters by Washington, D.C. partners Amanda Reeves and Patrick English and counsel Francesca Pisano; on ex-US antitrust and FDI matters by Hamburg partner Jana Dammann de Chapto and Brussels partner Anthemis Economou, with associate Zhijin (Jin) Liu; on executive compensation and employee benefits matters by Washington, D.C. partner Matthew Conway, with associates Daniel Gocek and Kevin Matheny; and on insurance matters by Los Angeles partners Drew Levin and Harrison White.~~