Smith & Wesson acquires Savage Arms, adding a historic hunting firearms brand
Smith & Wesson Brands, Inc. completed the acquisition of Savage Arms on October 21, 2026. The purchase price was reported as $160 million in the company filing and as $164.9 million in a market report. JDH Capital, the seller, will own about 16.7% of Smith & Wesson’s common stock and receive a board seat. The deal is expected to be immediately earnings‑per‑share accretive.
Why it matters
The company says the transaction will add roughly $0.04 of fully diluted EPS for the remainder of fiscal 2027 and $0.07 for the full year, providing near‑term earnings boost. The expanded product portfolio strengthens Smith & Wesson’s presence in the hunting segment, potentially increasing market share.
Key facts
- 1The acquisition closed on October 21, 2026. stocktitan.net
- 2The purchase price was $160.0 million, subject to customary adjustments. stocktitan.net
- 3A market report lists the deal value as $164.9 million, comprising $42.4 million cash and 8.99 million shares (19.99% pre‑merger ownership). tradingview.com
- 4JDH Capital will own 16.7% of Smith & Wesson’s outstanding common stock after closing. stocktitan.net
- 5The transaction is expected to be immediately accretive to fully diluted EPS by approximately $0.04 for the remainder of fiscal 2027 and $0.07 for the full year, excluding acquisition accounting. stocktitan.net
- 6The deal adds roughly $18 million of incremental EBITDA on a full‑year basis before synergies. stocktitan.net
Open questions
- Purchase price differs between $160.0 million and $164.9 million.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.