Velocity Outdoor Acquires Ravin Crossbows
Velocity Outdoor, Inc. – the company formerly known as Crosman Corporation – has announced that it has acquired Ravin Crossbows. This acquisition is in line with the new company’s stated focus on the hunting, shooting and outdoor markets, not just airguns.
This means that Ravin Crossbows joins Velocity Outdoors other brands such as Crosman and Benjamin Airguns, CenterPoint Archery and Optics, LaserMax, and GameFace Airsoft.
The official announcement from Velocity Outdoor describes Ravin Crossbows as the most revolutionary crossbow company in the outdoor industry and a is a leading designer, manufacturer and innovator of crossbows and accessories.
Ravin focusses on the higher end of the crossbow market. The company had developed significant intellectual property related to the advancement of crossbow technology and highlights. They promote this in unusual detail on the Ravin website.
Velocity Outdoors says that Ravin has established a reputation as a manufacturer of the industry’s most dependable, durable, accurate and technologically-advanced line of crossbows.
Robert Beckwith, CEO of Velocity Outdoor, commented, “Ravin Crossbows are hands-down the most innovative and exciting products in the archery space right now. We are thrilled to be adding Ravin’s high quality, premium performance and intellectual property to the company as a complement to our well established, market- leading CenterPoint archery business.”
Ravin Crossbows is headquartered in Superior, WI.
Velocity Outdoor itself is a subsidiary of Compass Group Diversified Holdings, LLC.