Smith & Wesson acquires Savage Arms for $160 million

• Smith & Wesson acquired Savage Arms from JDH Capital for $160 million, expanding its presence in hunting firearms.
• Consideration comprised approximately 9 million common shares valued at $13.62 each and $37.5 million in cash.
• JDH now holds 16.7% of outstanding common stock, becoming the largest shareholder with board representation.
• The acquisition is expected to generate approximately $18 million in annual incremental EBITDAS, with $2.5 million in initial annual synergies anticipated.
• Excluding acquisition accounting, full-year fully diluted EPS accretion is expected at $0.07, rising to approximately $0.10 following initial synergies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smith & Wesson Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-427316), on October 21, 2026, and is solely responsible for the information contained therein.