White Wolf Capital LLC acquired Stag Arms LLC. Details of the transaction were not disclosed.
Managing Director of White Wolf, Elie Azar, said, "We are very excited to add Stag to our portfolio of outstanding companies in the firearms industry. Stag is an iconic brand with a well-deserved reputation for product excellence and world-class customer service. We look forward to partnering with Stag's strong management team and employees to grow the Company through new and innovative product offerings.”
Azar also expressed that Stag’s Founder, Mark Malkowski, has agreed to remain engaged with the company as a consultant.
"It is with great enthusiasm that I hand off ownership of Stag to the White Wolf team,” said Malkowski. “I feel fortunate to be able to transition the business I started from scratch to a team that shares my philosophy and passion for the industry and who recognizes the exceptional capabilities of Stag's dedicated employees."
Stag will continue to operate out of its current facility in New Britain, CT, only under a new Federal Firearms License.
