Fulcrum Capital Partners has successfully sold Kore Outdoor Inc. to Ironbridge Equity Partners, enhancing Kore's growth potential in the global paintball industry.

Information on the Target

Kore Outdoor Inc. (“Kore”), headquartered in Montreal, Quebec, is recognized as the world’s premier manufacturer and distributor of paintballs and paintball-related products. The company operates manufacturing facilities in Montreal and Fort Wayne, complemented by a robust network of distribution centers throughout North America and Europe. Kore's extensive product range serves a diverse clientele, including game fields, specialty retailers, e-commerce platforms, and mass retailers, effectively reaching over 70 countries globally.

Industry Overview in Canada

The paintball industry in Canada has experienced significant growth over the past decade, driven by increasing popularity among recreational players and competitive teams. This growth is propelled by various factors such as marketing initiatives aimed at younger demographics, expansion of paintball facilities, and the rise of e-sports. The industry has also benefited from the emergence of new sports technologies that enhance the gaming experience.

In addition, the regulatory environment in Canada is conducive to the growth of recreational sports, with various associations promoting safe and responsible paintball ac