Sportsman’s Warehouse to be Acquired by Owner of Bass Pro Shops, Cabela’s

Article originally posted on HERE on December 28, 2020

Great American Outdoors Group is adding another retail banner to its portfolio.

The parent company of Bass Pro Shops, Cabela’s, White River Marine Group and a collection of nature-based resorts will acquire Sportsman’s Warehouse for $18.00 per share in cash. The transaction is expected to close in the second half of 2021.

Founded in 1986, Sportsman’s Warehouse operates 111 stores. Bass Pro and Cabela’s operate 169 stores.

In a statement, the two companies cited their similar histories, “highly complementary” business philosophies and geographic footprints and shared passions with their customers for fishing, camping, hunting, boating and other outdoor activities.

“We are excited to be joining the Great American Outdoors Group,” said Jon Barker, CEO, Sportsman’s Warehouse, West Jordan, Utah. “This merger brings together the greatest brands in the outdoor industry. As we look to the future, the combined entities provide our passionate associates with greater opportunities to serve the outdoor enthusiast. We look forward to a smooth transition and building our partnership,”

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