Solo Stove Acquires Chubbies Shorts, Rounding Out New ‘Solo Brands’ Portfolio
Sep 07, 2021
John Merris and his team at the outdoor firepit brand Solo Stove didn’t set out to become serial acquirers, but that’s exactly what happened when the private equity-backed company went from zero acquisitions to three bolt-ons in the span of just a few months. Solo Stove on Wednesday closed on its acquisition of men’s outdoor apparel brand Chubbies Shorts, a deal that followed the May acquisition of Oru Kayak and the August acquisition of paddleboard maker ISLE. The result of the buying spree is a new outdoor platform called Solo Brands, with the quartet of businesses now working together under the majority ownership of Boston-based Summit Partners. Read more at Outside Business Journal.