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Old 12-09-2013, 03:42 PM #1
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GI Sportz is buying Tippmann

I know it has been a rumor now for the last weeks, but as of today is confirmed. Tippmann is being purchased by GI Sportz.

Look out next week for an official press release.

Quote:
Originally Posted by G.I. Employee1 View Post




G.I. Sportz Acquires Tippmann Sports
Leading paintball brands come together to create new industry powerhouse

December 20, 2013 – G.I. Sportz is pleased to announce it has acquired Tippmann Sports, bringing together two iconic paintball companies. This transaction combines the industry’s leading brands of paint (GI Sportz and DXS), markers (Tippmann and GI Victus), goggles (Vforce) and accessories together under one roof creating a global industry one stop shop.

“This fulfills a longtime dream of bringing together the industry’s best product innovators and leading brands to create a dominant industry player owned and operated by paintball players,” said Richmond Italia, Chairman and CEO of G.I. Sportz.

“By combining the resources of two companies that manufacture products in North America, we’ll be able to serve the paintball industry in new and exciting ways while continuing our dedication to leading-edge products and unmatched customer support” said Denny Tippmann Jr., President of Tippmann Sports.

Both Richmond and Denny Jr. agree that its time paintball comes back home. Made in AMERICA, run by PAINTBALL PLAYERS.

Please click on the link below to hear Richmond and Denny further discuss the transaction.



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Last edited by John : 12-20-2013 at 10:06 AM. Reason: It is official
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Old 12-09-2013, 03:44 PM #2
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I wonder if they'll continue to sell the crossover.
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Old 12-09-2013, 03:44 PM #3
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Heard about this last week. Great pickup by GI
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Old 12-09-2013, 03:46 PM #4
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Oh boy
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Old 12-09-2013, 04:01 PM #5
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Power move...
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Old 12-09-2013, 04:02 PM #6
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ugh
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Old 12-09-2013, 04:18 PM #7
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Don't think I'm really a fan of this... Tippmann is sitting on a few brands (NXe for example) which will be sad to see possibly disappear.
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Old 12-09-2013, 04:34 PM #8
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If it wasn't before...I'd argue paintball is officially an oligopoly. Dye, GI, Kee, Valken, and maybe PE ...gonna be like cable tv soon, watch out!!
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Old 12-09-2013, 04:34 PM #9
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Don't think I'm really a fan of this... Tippmann is sitting on a few brands (NXe for example) which will be sad to see possibly disappear.
In my opinion, I dont see GI doing this to buy out those brands. I see them allowing tippmann and the subsidiaries continuing to perpetuate, possibly with some updated branding and using the GI infrastructure to make the customer experience that much better.

Interestingly, a Canadian company will now have the rights to the us army marker license. Doesnt mean much, but I think it's interesting.
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Old 12-09-2013, 04:34 PM #10
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Hello angel eyez
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Old 12-09-2013, 04:37 PM #11
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chameleon custom 98.
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Old 12-09-2013, 04:38 PM #12
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Hello angel eyez
Sigh. Tippmann never had the rights to any Angel IP, including the Angel Eyes.
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Old 12-09-2013, 04:40 PM #13
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Sigh. Tippmann never had the rights to any Angel IP, including the Angel Eyes.
Lol I don't think people will ever let that one go. People just want what they can't have.

I can't wait to get my hands on a Pulse RDR!
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Old 12-09-2013, 04:43 PM #14
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I think this is a huge move by GI. It gives them access to a whole range of guns and being able to sell a full field package or completely service fields is an extremely important part of selling your paint and other products.
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Old 12-09-2013, 04:49 PM #15
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I think this is GI's way of breaking into the Mil-Sim/Woodsball market with a respectable name and quality tested products.

I expect to see GI/Tippmann sponsoring more scenario events in 2014.
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Old 12-09-2013, 04:57 PM #16
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Economy of scale, hopefully with continued reliability.
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Old 12-09-2013, 05:10 PM #17
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gi owns machine and tippmann imagine a vapor withholding tippmann abuse and maintenance negligence that would be the best!! lol angel eyes yes!!

jk
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Old 12-09-2013, 05:23 PM #18
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gi owns machine and tippmann imagine a vapor withholding tippmann abuse and maintenance negligence that would be the best!! lol angel eyes yes!! jk
I never saw the announcement on GI owning machine... Was there a news report that I missed?
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Old 12-09-2013, 05:30 PM #19
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now GI has the gun manufacturing capabilities only some companies only can dream of.

Maybe GI will ''influence'' tippmann on creating a DAM like marker to get a cut into the woodsball section.
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Old 12-09-2013, 05:40 PM #20
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gi owns machine and tippmann imagine a vapor withholding tippmann abuse and maintenance negligence that would be the best!! lol angel eyes yes!!

jk
Needs more dodgy. For real. We know you're kidding but too many people won't.

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I never saw the announcement on GI owning machine... Was there a news report that I missed?
He's kidding. They don't.
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Old 12-09-2013, 05:54 PM #21
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Im hoping they can fix Nxe and Spec-Ops with this, once Tippmann bought the two brands out, both saw a huge drop in QC as well as design and overall quality.
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