Bushnell Outdoor Products, a portfolio company of
Millett was founded in 1980 and is based in Huntington Beach, Calif. Its product line includes riflescopes, red dot scopes and spotting scopes for hunting and tactical use.
The deal represents Bushnell’s second acquisition in 2008 following its purchase of the assets of Simmons Outdoor Corp. from Meade Instruments in mid-June.
Overland Park, Kan.-based MidOcean, a middle market firm that manages three funds with more than $3.5 billion in commitments, bought Bushnell from