Kent Outdoors’ Acquisitions of BOTE and Kona Bicycles

Dechert advised Seawall Capital and its portfolio company Kent Outdoors on the deals.

Kent Outdoors (f/k/a Kent Watersports) announced the acquisitions of BOTE and Kona Bicycles, both pioneering brands in their respective categories.

BOTE is a watersports brand driven by a singular mission: To Stand Apart through industry-shaping innovation, fresh ideas and simplicity to create a product that defines a lifestyle. BOTE pushes the boundaries of technology and style, stirring the soul and inspiring adventure. Born from stand up paddle boards and now pioneering inflatable kayaks, floating dock systems, and more — BOTE continues to innovate and embrace individuality.

Since its humble beginnings in the Pacific Northwest, Kona Bicycles has spent 34 years building innovative, durable, fun, and eye-catching bikes for all kinds of cyclists. Kona Bicycles believes in the long, sweet ride, and that the journey is the best part of any adventure.

Seawall Capital is a middle-market private equity firm focused on making investments in companies with strong connections to their end consumers.

Kent Outdoors is a diverse platform of action sports brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards and more.

The Dechert team that advised on the deals included corporate partner Naz Zilkha (Picture) and associates Nicholas Chionchio and Juan Bautista Zambon; finance partner Lindsay Flora and associates Leila Malek, Daniel Chesler and Eve Wright; and real estate special counsel Francois Quintard-Morenas and associate Devyn Kurpis.

Involved fees earner: Daniel Chesler – Dechert; Nicholas Chionchio – Dechert; Lindsay Flora – Dechert; Devyn Kurpis – Dechert; Leila Malek – Dechert; Francois Quintard-Morenas – Dechert; Eve Wright – Dechert; Juan Bautista Zambon – Dechert; Nazim Zilkha – Dechert;

Law Firms: Dechert;

Clients: Kent Outdoors; Seawall Capital;