PE-backed Cobra acquires action-sports camera maker WASPcam

Cobra Electronics Corp, a U.S. supplier of mobile and consumer products, has bought WASPcam, the Canadian maker of an action-sports camera. No financial terms were released. WASPcam, a division of Ariss, Ont.-based 636 Distributing Inc, was founded by Justin Moore in 2013. Cobra said the acquisition will help extend its portfolio of consumer electronics products. Based in Chicago, Cobra is held by Cedar Electronics Holdings Corp, a portfolio investment of U.S. private equity firm Monomoy Capital Partners.

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