News

August 2006
Windjammer Provides Capital to Support the Buyout of McKenzie Sports Products, Inc.

In August of 2006, Windjammer provided a combination of redeemable preferred stock, common stock, and senior subordinated notes in support of the buyout of McKenzie Sports Products, Inc. led by Gridiron Capital in a new change of control transaction. Windjammer had previously invested redeemable preferred stock in McKenzie to support RFE Investment Partners' acquisition of McKenzie in 2003.

McKenzie, headquartered in Granite Quarry, North Carolina, is the leading manufacturer, designer and catalog marketer of taxidermy forms and supplies used by taxidermists to mount trophies collected by hunting and fishing enthusiasts. McKenzie's products consist of over 10,000 different animal forms and 5,000 parts and accessories that are sold directly to over 26,000 taxidermists located throughout North America. 

Windjammer will continue to serve as a member of McKenzie's board of directors and will support the company's organic and acquisition related growth efforts. Over the past four years, McKenzie has acquired five taxidermy forms and supplies businesses, which has enabled the company to expand its product and service offering and further increase its number one market share position throughout the country. McKenzie is headquartered in Granite Quarry, NC and has additional manufacturing and/or distribution facilities in North Carolina, Wisconsin, Nebraska and Texas. www.mckenziesp.com