New Water Capital recaps kayak maker GSC Technologies
An affiliate of U.S. private equity firm New Water Capital Partners has recapitalized GSC Technologies, a Montréal-based maker of kayaks and watersports equipment, as well as storage and outdoor furniture products. No financial terms were disclosed. Established in 1982, GSC has company-owned manufacturing locations and outsourced partners across the United States and Canada. Its president and vice-president, respectively Robert Farber and Jason Farber, will continue in their roles. The partnership with New Water is intended to increase the company's brand awareness, geographic expansion, and broadening of product lines, Principal Anuj Singh said.
11 April 2017•2 mins read
