Colt’s Manufacturing Company LLC | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Financial Advisor

Colt’s Manufacturing Company LLC

$260 Million 05/24/2021 Aerospace & Defense Complete
Show Tombstone

Transaction Details

  • On May 24, 2021, Česká zbrojovka Group SE (“CZG”; PSE: CZG) announced the closing of its acquisition of Colt Holding Company LLC (“Colt”), the parent company of Colt’s Manufacturing Company LLC and its Canadian subsidiary, Colt Canada Corporation, for total consideration, as valued on the closing date of the acquisition (May 21, 2021), of up to approximately $260 million
  • The total consideration consists of a combination of (i) cash in the amount of $220 million, (ii) 1,098,620 shares of CZG’s common stock which, based on the closing share price on the Prague Stock Exchange for CZG’s common stock on May 21, 2021, is currently valued at approximately $20 million, and (iii) potential earnout consideration of up to 1,098,620 additional shares of CZG’s common stock which is currently valued at approximately $20 million if all conditions and earnings thresholds for the earnout are met
  • Colt is a leading designer, developer, and manufacturer of firearms, having supplied civilian, military, and law enforcement customers in the US and throughout the world for over 175 years
  • Dennis Veilleux, President, and CEO of Colt, said, “Colt is pleased to join forces with CZG. We are proud of our heritage and believe that the strength of the combined businesses and the many synergies created by the merger will enable us to honor our roots while also securing the future of the Colt brand. We look forward to continuing to deliver our high-quality products while also investing in innovation and new product offerings in the near future.”

About the company

Colt’s Manufacturing Company
Colt is a supplier to the US military and the exclusive supplier to the Canadian military, and it also supplies its products to other armed forces around the world. Colt firearms enjoy a reputation throughout the world for accuracy, reliability, and quality. Colt pistols and revolvers are carried by military and law enforcement personnel in numerous countries and are used by hunters and sportsmen and sportswomen worldwide. Colt commercial, sporting, military, and law enforcement rifles enjoy similar renown.

Česká zbrojovka Group
Česká zbrojovka Group (“CZG”), together with its subsidiaries, is one of the leading European producers of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other commercial use. CZG markets and sells its products mainly under the CZ (Česká zbrojovka), CZ-USA, Dan Wesson, Brno Rifles, and 4M Systems brands. CZG’s subsidiaries include Česká zbrojovka, CZ-USA, 4M Systems, and CZ Export Praha. CZG owns a minority stake in Spuhr i Dalby, a Swedish manufacturer of optical mounting solutions for weapons. CZG is headquartered in the Czech Republic. It has production facilities in the Czech Republic and in the United States and employs around 1,670 people in the Czech Republic, the United States and Germany.

Sources: Transaction Press Releases
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.