Smith & Wesson Holding Corporation announced that it has agreed to acquire Crimson Trace Corporation from private equity firms Penninsula Capital Partners LLC and VergePoint Capital LLC for $95 million. Crimson Trace produces laser sights for firearms which are used by retail, military and law enforcement customers. The business generated trailing 12-month revenue of approximately $44 million and EBITDA of approximately $16.1 million.
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