News Release:
L2 Capital Partners with Worldwide Camping Holdings
Worldwide Camping Holdings Joins L2 Capital, A Private Equity Firm, In Hopes Of Gaining A Partner Who Fully Understands Its Unique Business Model And Can Scale The Business At The Same Time.
Editor's Note : This news item was retrieved through L2 Capital's website
L2 Capital, a private equity firm based in Devon, PA, announced a new partnership with the affiliated brands Insight 2 Design, Inc. and Elevate, LLC, collectively known as Worldwide Camping Holdings. Insight 2 Design is a rapidly growing product development company specializing in innovative portable battery lighting and camping equipment, with more than $200 million in annual retail sales. Elevate LLC’s company brand Core Equipment designs and produces outdoor gear such as tents, shelters, lights, outdoor furniture and sleeping bags sold primarily sold through online retailers.
“With the financing expertise and added capital that L2 brings to the partnership, I am confident that Insight 2 Design and Elevate will flourish going forward,” Kevin Tarter, Worldwide Camping Holdings’ Co-CEO, said. Nick Vaughn, the affiliated companies’ other Co-CEO, added, “L2 Capital was the only firm who immediately understood our unique business model. Like most industries, the outdoor industry is evolving rapidly; partnering with a team that understands your business is a huge advantage.” For more information, visit the websites of L2 Capital, Insight 2 Design, and Elevate/Core.
For the complete press release first published by L2 Capital, click here.