Boothwyn, PA - December 15, 2020
NK adds top chronograph products to the Kestrel Ballistics division, expanding its array of shooting technology offerings for maximizing shooting sports performance.
Nielsen-Kellerman, Inc. (NK) announces the acquisition of the assets of MagnetoSpeed, LLC, leading designer and manufacturer of high quality, durable shooting accessories for the competition, hunting, recreational and military markets. MagnetoSpeed joins Kestrel Ballistics as part of the Ballistics Division, adding to the list of rugged, reliable offerings for civilian and military markets.
"The MagnetoSpeed acquisition is a win for our companies, our customers, and the shooting community as a whole. The MagnetoSpeed brand is known for accuracy, durability, and innovation. This aligns with our commitment to producing extremely accurate, rugged, purpose-built ballistics tools for improving long-range precision and shooting performance."
"The move not only expands product category offerings and new product development opportunities, it also supports NK's commitment to expanding its offerings to the shooting, hunting, and outdoor users," said Alix James, CEO of Nielsen-Kellerman. "In the long run we see exciting opportunities to improve the function of the chronograph line by connecting the chronographs directly to Kestrel Ballistics Weather Meters with Kestrel LiNK. The MagnetoSpeed founders are brilliant engineers and we are grateful for the opportunity to build upon their design innovations."
The MagnetoSpeed team adds, "Ten years ago, three young engineers from Texas began work on a new kind of chronograph. It began with a crude prototype, but with the support of the shooting community, we were able to bootstrap those humble beginnings into a successful company that provides modern marksmen all over the world with valuable tools. We see a great opportunity with Kestrel's Ballistic division to take our products to the next level and to develop amazing new ones. Thank you all for the support over the years as we couldn’t have done any of this without you."
MagnetoSpeed has been manufacturing rugged chronographs, target hit indicators, and barrel coolers since 2013. Their signature V3 and Sporter barrel-mounted ballistic chronographs use patented electromagnetic sensors to measure bullet velocity with extreme precision and reliability. Other well-known products include the T1000 Hit Indicator, and the Riflekühl chamber flag + barrel cooler. MagnetoSpeed’s line of shooting accessories are manufactured in the USA and built tough to work in all kinds of weather conditions and operate in the harsh environment at the muzzle of firearms. Military, law enforcement, top competitive shooters, and recreational shooters all over the world rely on MagnetoSpeed products for accuracy in long-range shooting.
Nielsen-Kellerman is a market leader in manufacturing tools for environmental monitoring across a wide range of professions. Kestrel Instruments and Kestrel Ballistics are NK brand product lines that are used and trusted around the globe. Renowned for their extreme accuracy and reliability, Kestrel meters and data loggers are relied on by professionals in firefighting, HazMat, military, meteorology and other demanding markets. Nielsen-Kellerman is also recognized worldwide for its high-performance line of waterproof speed measurement, timing, and rugged audio systems for competitive rowers and watersport athletes at NK Sports. NK is also parent company to Ambient Weather, Inc., and RainWise, Inc. Ambient sells a broad catalog of WiFi-enabled weather stations and accessories online, including Amazon's best-selling home weather station, and provides weather enthusiasts with a personalized view of weather station and forecast data at ambientweather.net. RainWise sells professional grade complete weather stations and environmental monitoring systems for solar power generation. NK is proud to be both a recognized leader in Lean Manufacturing and process improvement and an award-winning top workplace. For more information, visit www.nkhome.com. Nielsen-Kellerman has been backed by Clearview Capital since 2017.
Founded in 1999, Clearview Capital is a private investment firm specializing in the acquisition and recapitalization of lower-middle market companies in North America in the business services, healthcare services, manufacturing and specialized distribution industries. Since inception, the Clearview Capital team has completed more than 100 transactions in a wide variety of industries. Clearview Capital is currently making investments from Clearview Capital Fund IV, L.P., a $550 million vehicle. The firm is headquartered in Stamford, Connecticut and has an additional office in Los Angeles, California. For more information, please visit www.clearviewcap.com.