Kent Outdoors has secured a $90 million asset-based revolving credit facility from PNC Business Credit, a multi-year financing arrangement designed to expand the company’s domestic market presence and support ongoing seasonal working capital needs. The new facility provides additional liquidity to help Kent scale its operations and sustain its growth trajectory across a broad portfolio of outdoor and watersports brands.
Founded in 1959 in New London, Ohio, Kent Outdoors has grown into a leading platform for outdoor recreation brands, with more than 15 brands spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and related equipment. The company engages consumers through a multichannel strategy serving both large retailers and specialty shops while also maintaining direct sales channels. Its brand family includes BOTE, HO, Hyperlite, Connelly, O’Brien, Liquid Force, Onyx, Aquaglide, Barefoot, Fatsac, and Arbor Snowboards, the latter managed in partnership with the Arbor Collective.
The financing from PNC is expected to reinforce Kent’s market position at a time when the company is focused on scaling with seasonal demand, investing in product innovation, and strengthening relationships with vendors and retail partners. PNC noted Kent’s established customer base, diverse product offering, and forward-looking strategy as contributors to its decision to provide the facility. Kent views the structure and terms of the agreement as a vote of confidence that will support long-term category leadership and operational flexibility.
The company continues to position itself as a leader within the outdoor recreation sector by providing reliable, innovative sporting goods equipment for participants across a wide range of ages and skill levels. With the funding, Kent plans to maintain its growth momentum while advancing its commitment to the outdoor adventure community.
KEY QUOTES
“This strategic financing keeps Kent well-positioned to scale with seasonal demand, maintain strong relationships with our vendor and retail partners, and continue investing in our portfolio of industry-leading outdoor brands. We believe the favorable terms from PNC reflect strong confidence in Kent and reinforce our foundation, allowing us to focus on our long heritage of delivering innovative, reliable sporting-goods equipment to outdoor enthusiasts and expand our category leadership.”
Randy Hales, CEO, Kent Outdoors
“Kent has a portfolio of best-in-class brands synonymous with outdoor adventures, a loyal customer base, and a clear vision for the future. We appreciate being trusted to deliver critical financing that supports the execution of their growth strategy.”
Tim Derry, Regional Executive, PNC Business Credit
