Pyramyd Air Ltd. has been recapitalized by Gen Cap America, Inc.
Pyramyd Air Ltd. has been recapitalized by Gen Cap America, Inc.

Pyramyd Air Ltd. has been recapitalized by Gen Cap America, Inc.

Gen Cap America, Inc. has recapitalized Pyramyd Air Ltd. (“Pyramyd”), the world’s largest distributor of air guns and accessories, headquartered in Solon, Ohio. EdgePoint initiated the transaction, led the negotiations of the sale and served as the exclusive financial advisor to Pyramyd. Terms of the transaction were not disclosed.

Founded in 1996, Pyramyd Air Ltd. (www.pyramydair.com) is the global leader in distribution of air guns, airsoft guns, bb guns, and related parts and accessories—serving customers in more than 80 countries and offering more than 8500 SKUs. With an established website and e-commerce platform and its distribution facilities in Solon, Ohio and Draper, Utah, Pyramyd Air is the premier e-commerce destination for air-gun enthusiasts, competitive marksman, and small-game hunters around the world.

EdgePoint specializes in advising middle market businesses and owners regarding mergers, acquisitions, management buyouts, and corporate divestitures.