Horizon Hobby, Inc., an international developer, marketer and distributor of radio control hobby products, model trains and other hobby products, announced today that its board of directors has signed a definitive agreement under which Horizon Hobby would be sold to an investor group led by Joe Ambrose, Horizon's Chief Executive Officer. The investment group includes Armory Capital, LLC and Mill City Capital L.P., two investors that have deep experience with management led acquisitions. Financial terms were not released.
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机译:无线电控制业余爱好产品,模型火车和其他业余爱好产品的国际开发商,营销商和分销商Horizon Hobby,Inc.今天宣布,其董事会已签署一项最终协议,根据该协议,Horizon Hobby将被出售给一个领导的投资集团由Horizon首席执行官Joe Ambrose发表。该投资集团包括Armory Capital,LLC和Mill City Capital L.P.,这两家在管理层领导的收购方面拥有丰富经验的投资者。财务条款未发布。
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