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EOTech Sold to Private Management Firm

L3Harris Technologies has sold EOTech to American Holoptics, an affiliate of Koucar Management. The transaction is expected to close in mid-2020 and is conditioned on customary closing conditions.

EOTech Bought

EOTech manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world. EOTech has an annual revenue of approximately $60 million. 

In recent years EOTech has changed its optic line and introduced several new products including the Vudu line of rifle scopes. 

“We're proud to sign this agreement to join our team and technology with the EOTech brand. EOTech brings together technologically advanced product lines and production capabilities that will integrate well with our existing business and strategically expand our product portfolio. Together we will deliver an all-new level of service, innovation, and integrity to military, law enforcement and civiMatt Van Haaren, CEO of American Holopticsn users around the world.”

Matt Van Haaren, CEO of American Holoptics
EOTech 512 holographic sight. The companies most popular sight.
EOTech 512 holographic sight. The companies most popular sight.

Koucar Managment

Koucar Management, LLC is a privately held, Michigan-based company with a diverse portfolio of holdings and investments. Koucar Management has an investment strategy that firmly focuses on expansion within existing industries, bringing new vitality to acquired businesses and laying the groundwork for new ventures. With their recognized management strengths and ample financial resources, Koucar Management is providing growth capital and other resources to its portfolio of companies. Koucar’s vision is clear; motivated skilled partners & employees, significant financial strength and stability, a willingness to look beyond conventional performance measurements and an untiring commitment to its customers.

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