Founded in 1947, Michaels is an industry-leading manufacturer of accessories for the hunting, shooting sports and law enforcement markets. At the time of Endeavour’s investment, Michaels had been named the ‘Hunting and Shooting Sports Manufacturer of the Year’ for twelve consecutive years. The Company’s product line consists of sling swivels, slings, holsters, gun lubricants, scope covers, and a number of law enforcement and hunting related products sold under the “Uncle Mike’s” brand.
Endeavour partnered with Michaels’ management to acquire the Company from its lenders in 1993. During Endeavour’s investment, the Company made four acquisitions, including of well-known shooting sport brands Butler Creek, Hoppes, Bore Snake and Stoney Point. Endeavour also assisted the Company with several senior management additions.
Endeavour and the other shareholders sold the Company in 2005 to a strategic buyer.