Smith & Wesson Acquires Savage Arms

Smith & Wesson Brands, Inc. purchased Savage Arms today in a combination cash and stock transaction. The purchase was made in an indirect merger between Smith & Wesson and the Savage Arms subsidiary of JDH Capital I, LP. The purchase price was $160 million.

From the press release:

The transaction combines two iconic American firearm manufacturers with leading capabilities across distinct segments of the firearms market. Savage’s strength in hunting and bolt-action rifles is highly complementary to Smith & Wesson’s leadership position in handguns and growing presence across other long gun categories, creating a broader product portfolio across a wide range of shooting disciplines.

Mark Smith, President and Chief Executive Officer of Smith & Wesson, commented, “The acquisition of Savage is a transformative step for Smith & Wesson and an important milestone in our strategy to be the undisputed market leader in the firearm industry. Savage’s brand heritage, culture, and longstanding reputation for performance and innovation align closely with our own, and the business meaningfully expands our presence in the hunting category. By bringing these two companies together, we have created a broader, stronger platform with significant opportunities to better serve our customers, accelerate innovation, realize operating efficiencies and drive long-term value for our stockholders.”

Michael Fertitta, Managing Director of JDH, commented, “Savage has a storied history spanning more than 132 years, and we are incredibly proud of the business and brand the Savage team has built. Smith & Wesson is a natural partner for Savage given the complementary strengths of the two companies and their shared commitment to quality, innovation and serving the firearms community. We are excited about the potential of the combined business and look forward to participating in its continued success as a significant Smith & Wesson stockholder.”

After the transaction closes, JDH will hold 16.7% of Smith & Wesson (SWBI) outstanding common stock. The stock market reacted positively to the news pushing SWBI up about 1.5% as of 11am. JDH Capital is headquartered in Houston, Texas and invests in both entrepreneurial companies as well as real estate and minerals.

This is not the first time that Savage Arms was purchased by a larger company. In 2013, they were purchased for $315 million in cash by ATK. After ATK split into ATK Orbital and Vista Outdoor, Savage Arms became part of Vista Outdoor. Fast forward to 2019 and Vista Outdoor divested Savage Arms to a management-led group. The selling price then was $158 million with an additional $12 million to be paid out over five years.

It will be interesting to see what part of the Savage Arms management team is kept on. Al Kasper who led the management group who took Savage independent in 2019 retired as CEO in 2023. Replacing him was Chris Bezzina who had led engineering and development. Bezzina’s teams were responsible for the development of the Savage Axis rifle, the Accustock, and the A17 rifle.

Vindication Of A Sorts

I received notice from the Secretary’s Office that the NRA Executive Committee will be having a meeting on Wednesday to discuss succession planning. Seeing that term in an official NRA communication feels like vindication of a sorts.

Six years ago this month, the NRA held its Annual Meeting and Meeting of the Members in Tucson, Arizona. It was a small meeting held during the Covid-19 pandemic. Probably the only reason they even held the meeting was that Article III, Sec. 8(a) required an Annual Meeting of Members.

I presented a resolution at that meeting concerning succession planning. It requested the Board of Directors to create a formal succession plan for the Executive VP and the Executive Directors. It went on to ask that the plan be presented at the 2021 Meeting of Members. You can read the full resolution here.

As you might guess, the resolution was soundly defeated. It was perceived as a challenge to Wayne LaPierre’s reign as EVP. One of the arguments made against it was that the bylaws had a so-called succession plan in that the Executive Director of General Operations would serve as the Interim EVP. While, of course, this was correct, it ignored the fact that people were dying right and left during that time period from Covid-19. Most at risk were those over 65 and those who had other health issues. In other words, Wayne who was 70 at the time and then-head of General Operations Joe DeBergalis who was, to put it mildly, obese.

My closing comment on the whole episode was this:

Resolutions at this Meeting of Members were pretty much doomed to failure in their original form. They best they could hope for was a referral to committee. A reasonable guesstimate of the number of voting members attending the meeting was in the 150-200 maximum range. That included 50 Board members, a number of their spouses, a number of older members from the area, and just a handful of us who want to see the NRA become a healthier organization. I really felt like I was one of the younger members in attendance and I’m 63!

I realize that change takes time and I need to play the long game. It is still frustrating but it is what it is. Just another great thing brought to you by 2020.

A post by Jeff Knox about the lack of leadership options written in May 2020 is what got me to researching succession planning. Much of my research went into a post from May 2020. It pointed out the people like Chris Cox, Ollie North, and Kyle Weaver had all been forced out of the NRA. It went on to say:

Healthy organizations have succession plans. Good leaders make it a priority. Development of future leaders is such an organizational imperative that it is usually under the purview of the CEO. Having a succession plan is both forward looking and a measure of risk management.

I stand by what I wrote in 2020. Healthy organizations do have succession plans and good leaders make it a priority.

I feel a vindication of sorts in that the NRA is finally seriously looking at what I presented almost six years ago to the day. Still, I have to wonder if the then-leadership of the NRA had been proactive about succession planning would the organization have had to endure the turmoil, loss of members, and tenuous finances that it does now. A viable successor and a willingness to act on it would have allowed the Board to push Wayne into retirement and potentially avoid much of fallout from the NY lawsuit.

We cannot go back and rewrite history. However, we can learn from it. I would hope the Executive Committee and ultimately this Board of Directors of which I am now a member will create a viable succession plan. Shakespeare wrote in The Tempest, “What’s past is prologue.” I hope he was correct.

Early Voting 2026

Early voting in the general election for North Carolina opened this past Thursday, October 15th. The Complementary Spouse and I decided to avoid the rush and we went this morning to vote.

I think we waited all of maybe five minutes in line. With few exceptions, everyone in line was a senior citizen. In most areas this would be good news. I just don’t know how it plays in south Asheville.

In NC’s early voting process, you have to sign a form confirming your name and address, show your photo ID (as well you should!), and then confirm the ballot and the form’s numbers match. We now have these machines where you insert the paper ballot, you make your selections on a touchscreen, and then it prints it out. You then take the printed ballot with all your selections to the ballot reader.

Of course, we voted for Michael Whatley for US Senate and Jennifer Balkcom for the US House plus the conservative judges on the ballot. Every time a TV ad appears for Whatley’s opponent, Roy Cooper, my incredibly bright younger granddaughter Aria says, “Cooper Pooper”. For the record, I did not teach her this.

Anyone who had no opposition – all Democrats in our case – got no vote. I’m of the opinion that when a candidate is unopposed that voters should be given the choice of yes or no with the requirement that the candidate gets at least 50% yes votes. This should be the case for a candidate of any party.

I doubt anyone who reads my blog will sit out this election. If you are considering it, please reconsider. There is too much at stake here.

GRNC-PVF Recommendations For 11th District

The Grass Roots NC Political Victory Fund sent out their recommendations for the 11th Congressional District. It also included the statewide races for the courts and the US Senate.

US SENATE 

GRNC-PVF strongly recommends Republican MICHAEL WHATLEY (survey: 100%, GRNC ***) over Democrat Roy Cooper (survey: NR, votes: 58%, GRNC 0-star) and Libertarian Shannon Bray (survey: 96%, ****). Roy Cooper has a long history of anti-gun advocacy stretching back to his days in the NC Senate and has vetoed numerous pro-gun bills as Governor. Add to that the issue of retaining Republican control of the US Senate, and this becomes a critical race. Regardless of what polls claim, get out and vote this race and bring like-minded friends and family.

US HOUSE

Like the US Senate, the US House is in play, with hard-core leftists of the Democrat Socialists of America poised to win races elsewhere in the US. Every vote will count in ALL of North Carolina’s 14 Congressional districts, where mid-term redistricting MIGHT create a pickup in USH-01, but potentially at the cost of watering down other districts, particularly USH-11, where incumbent Chuck Edwards bailed at the last minute, leaving an open seat.

US HOUSE District 11: This once safe Republican district, now only R+5 after mid-term redistricting, is now considered in play and critical to control of the US House after incumbent Chuck Edwards, facing an ethics investigation, dropped out of the race at the last minute. GRNC-PVF strongly recommends Republican JENNIFER CAPPS BALKCOM (votes: 100%, survey: 100%, ****) over Democrat Jamie Ager (survey: NR, 0-star) and Libertarian Travis Groo (survey: 95%, ****).


OTHER IMPORTANT RACES

NC JUDICIAL RACES

You MUST vote judicial races. Winning NC Supreme Court and Court of Appeals in 2022 helped us defeat leftist attempts to manipulate the voting process through the courts.

NC Supreme Court (Seat 1): With a previous pro-gun voting record while in the NC House GRNC-PVF strongly recommends Republican SARAH STEVENS (survey: 75%, votes: 100%, bill support: 100%, ****) over incumbent leftist Democrat Anita Earls.

NC Court of Appeals (Seat 1): GRNC-PVF recommends Republican MICHAEL C. BYRNE over incumbent Democrat John S. Arrowood.

NC Court of Appeals (Seat 2): GRNC-PVF recommends Republican GEORGE COOPER BELL over incumbent Democrat Tobias (Toby) Hampson.

NC Court of Appeals (Seat 3): For this open seat, GRNC-PVF recommends Republican CRAIG COLLINS over Democrat Christine Marie Walczyk.

This message supporting JENNIFER CAPPS BALKCOM for US House, Michael Whatley for US Senate,  Sarah Stevens for NC Supreme Court, MICHAEL C. BYRNE, GEORGE COOPER BELL, and  CRAIG COLLINS for NC  Court of Appeals, was authorized and paid for solely by the Grass Roots North Carolina Political Victory Fund. Not authorized by any candidate or candidate committee.

Monday, Monday!

With apologies to the Mamas and the Papas.

Monday, Monday
So good to me
Monday mornin’
It was all I hoped it would be

The Complementary Spouse and I got up early and headed to Whittier, North Carolina. That was where the final stop on the NRA Gun Bus Battle Field Tour would be in North Carolina. The bus was there and set up when we arrived a bit before 10am. We took a few minutes to tour Outpost Mountain Outfitters. I hadn’t been in the store for a number of years but it was as I remembered it.

My friend Steve from Grass Roots North Carolina arrived a bit after us. We chatted for a while with Andrew Brown and the rest of the NRA staff. People started to drift in because they saw the Gun Bus. Then a group of Republican leaders from Haywood County arrived. We had a good time chatting about politics in Waynesville and the rest of the county. I had lived in Waynesville for 30 plus years before moving to Buncombe County.

Then the star of the day arrived – State Rep. Jennifer Balkcom who is the Republican nominee for Congress in the 11th District of NC.

I have to say that Jennifer is one of those rare politicians with whom you can have an honest conversation and you don’t feel like you are just being fed a line. Having met her in person, I am convinced she would be better for Western North Carolina than her opponent or even our existing Congressman. She is just as down to earth in person as she appears on TV.

Jennifer encouraged State Rep. Anna Ferguson (R-Jackson, Swain, & Transylvania) to drop by. She was appointed to fill the seat of the late Rep. Mike Clampitt and is now running for election to it. She has the distinction of being the first member of the Eastern Band of Cherokee Indians to hold a seat in the State House. While she comes across as a strong supporter of gun rights, she made the rookie mistake of ignoring both the NRA and the GRNC surveys. I think she is working to rectify those mistakes.

Later, Skye Riggleman, myself, and Jennifer Balkcom recorded a short video for upload to the Instagram page for the NRA Gun Bus.

We headed back over the mountains as they prepared to move the Gun Bus to Georgia for their next event. However, my day of doing NRA work was not over.

I had volunteered to help out with the grassroots peer-to-peer texting. I think I must have clicked on over 7,000 texts that were sent to voters in Georgia, Virginia, and Nebraska. Today I did a few more to New Mexico. Given I got where I could send 30 texts in 10 seconds or less, it wasn’t hard to complete a small district in a few minutes.

We ended the day watching Monday night football. We cheered for Buffalo because the Rams had left St. Louis high and dry when they relocated back to Los Angeles. It must have helped as the Bills won it in overtime.

Welcome Jennifer Balkcom At NRA Gun Bus

State Rep. Jennifer Balkcom is the Republican candidate for Congress in the 11th District of North Carolina. She is A-rated and endorsed by the NRA-PVF. She is also rated as 4-star by Grass Roots North Carolina and strongly recommended by GRNC-PVF. I have gotten confirmation from her campaign team that she will be appearing in Whittier at the NRA Gun Bus stop at Outpost Mountain Outfitters. The bus will be there from 10am until 2pm.

Balkcom makes no apologies for her pro-rights view. Indeed, Balkcom has been running an ad that features her mother saying how she shot a home intruder.

Grass Roots North Carolina sent out an alert to its members yesterday urging them to attend this event.

The race for NC-11 is a genuine tossup, and with the House majority hanging on a handful of seats, this district could decide whether the next Congress protects your gun rights or puts them on the chopping block. A pro-gun House is the firewall against gun bans, magazine limits, and the next round of ATF overreach. Lose the House, and that firewall is gone.

Jennifer Balkcom has been a consistent supporter of the Second Amendment. Candidates notice who shows up for them, and so do the media and the opposition. A strong turnout of gun owners on Monday sends a clear message: in the mountains of North Carolina, the gun vote is organized, energized, and ready to win this seat.

What you can do

Come out to Outpost Mountain Outfitters any time between 10 and 2. Stop by, shake Jennifer’s hand, say hello to Paul, and let her know gun owners have her back. Bring a friend, bring your family, and forward this alert to every gun owner you know in western North Carolina.

Early voting is around the corner. Races like this are won by the people who show up, starting Monday.

If you live in Waynesville, Sylva, Franklin, Bryson City, or even Asheville, I urge you to come out to Whittier on Monday and meet Jennifer Balkcom. The Complementary Spouse and I will both be there.

Women’s Wildlife Management Conservation Scholarship

The NRA Women’s Programs Committee sponsors an annual $5,000 scholarship for a young woman working towards a bachelor’s program in wildlife biology, fisheries management, forestry, ecology, environmental science, or other natural resource disciplines that contribute to the sustainable management of wildlife and public lands. The deadline for entry is November 1, 2026.

The Complementary Spouse and I met the winners from 2025 at the 2026 Annual Meeting in Atlanta. They were impressive young women to say the least. If you know of a young woman who could qualify for this scholarship, please encourage them to apply. Higher education is not cheap and every bit of assistance helps.

More on the scholarship:

Open to female students working on a bachelor’s degree at accredited colleges and universities, the scholarship recognizes academic achievement, leadership, and a demonstrated commitment to wildlife conservation. Recipients often study fields such as
wildlife biology, fisheries management, forestry, ecology, environmental science, or other natural resource disciplines that contribute to the sustainable management of wildlife and public lands
.


The scholarship reflects the NRA’s longstanding commitment to conservation, a core principle since the organization’s founding. Through educational opportunities like this program, the NRA encourages women to become leaders in protecting wildlife
populations, restoring habitats, conducting scientific research, and promoting responsible stewardship of America’s outdoor heritage.


Beyond financial assistance, the Women’s Wildlife Management Conservation Scholarship highlights the important role women play in conservation. As more women enter careers in wildlife science and natural resource management, they bring valuable
perspectives and expertise that strengthen conservation efforts across the country
.


By supporting education and leadership development, the NRA Women’s Wildlife Management Conservation Scholarship helps prepare future conservation professionals to preserve healthy wildlife populations and ensure that outdoor traditions can be
enjoyed by generations to come.


More information may be found at https://awards.nra.org/scholarships/womens-wildlife-management-conservation-scholarship/. This is also where you may submit your application. Applications are accepted on a rolling basis with the deadline of November 1st each year. Submissions received before the deadline are for the Fall and Spring semesters of the next school year. You may also reach out with questions to the NRA’s Women’s Programs Committee at NRAWomensPolicies@nrahq.org.

NRA Gun Bus Visits North Carolina

The NRA Gun Bus stopped in Vass, NC for its first North Carolina visit on its Battlefield State Tour. Vass is in Moore County near Southern Pines. They set up at Ed’s Gun Shop on US 1. This was a great location as there was a lot of gun shop traffic plus the gun bus was easily seen from the highway.

As a NRA director I felt some obligation to be there. Andrew Brown of the NRA Grassroots staff filmed me in front of the gun bus doing a short welcome video.

NRA Director Edie Fleeman also was there for much of the time. We had some interesting discussions about the state of the NRA, competitions, and the like. We both got to meet with Congressman Richard Hudson who came with some of his staff.

Congressman Hudson and I had some interesting discussion concerning his HR 38 and national right to carry. I mentioned that the Legislative Policy Committee had voted to make it our top legislative policy objective of the year. He said that the major holdup in getting it through the House were a handful of Republicans. That sounds so familiar to what we are dealing with in the NC House regarding overriding Governor Stein’s veto of SB50 – Freedom to Carry NC. Hudson and I also discussed the various races in North Carolina. He is chair of the Republican Congressional Campaign Committee and has allocated significant funds to my own 11th District.

Along with Congressman Hudson, Moore County Sheriff Ronnie Fields came by with a number of his deputies. He recorded a short message which was posted along with Hudson’s message on Instagram.

The Battlefield Tour continues its North Carolina visit with stops in Rocky Mount tomorrow at ENC Indoor Shooting Range, in Washington on the 9th at the Pull for Youth Sporting Clays event, in Greenville on Saturday for tailgating at the Rice vs. ECU game, and finally in Whittier on Monday at Outpost Mountain Outfitters. I will be attending the event in Whittier as that is in my neck of the woods. While I was in Vass, Congressman Hudson texted Jennifer Balkcom who is the GOP nominee in the 11th District urging her to attend. Fingers crossed that she can be there.

Don’t Wait To Call

My friend Gary Daugherty, former co-host with me on the old Polite Society Podcast, passed away on Sunday. He was only 59 but had been suffering with kidney disease.

Polite Society Podcast hosts and friends at 2017 GRPC.

Gary was bigger than life in more ways than one. He was 6’5″ and “robust”, had played as a lineman at Divison 1 Southern Illinois and Colorado, was a firearms trainer, had served on the Kane County (Illinois) Board, and even had been an Illinois state representative for all of eight days. The last was to fill an empty seat in the Illinois State House. Gary took that in good humor and had a retired Illinois State Representative license plate.

I last spoke with Gary a number of months ago. I knew he was on dialysis and was planning to relocate to Paducah, KY. For some reason, Gary was in my thoughts a couple of weeks ago and I said to myself, “I need to call him to see how he is doing.” Sadly, I let the immediate get in the way of the important and I never called.

Don’t be me. If you think of an old friend with whom you haven’t spoken in a while, call them. You may never get another chance.

An Overview Of The NRA Nominees

I have digging into the report from the Nominating Committee and the 27 nominees that they reported out. Using LinkedIn, Google, and other sources, I have been able to put together a high level overview of the candidates. Many candidates touch on multiple categories.

I am sure as we get closer to the election that I and others will start doing more of deep dive on all the individuals on the ballot including those who made it by petition. Speaking of which, if you haven’t signed the petitions of these candidates and you are a voting member, do so now!

The first breakdown is by incumbency, past service, and meeting the Final Judgment criteria for “New Qualified Candidates.” The last means they are new with no service on the Board, their service on the Board was post 2022, or that they served only one term prior to 2022.

  • 11 Incumbents
  • 2 Prior Board Service
  • 16 Not Currently Serving as Directors
  • 22 Meet Final Judgment criteria of “New Qualified Candidates”

The next breakdown is by demographics.

  • 23 Men
  • 4 Women
  • 2 Minorities
  • 2 Age 30 or Under (maybe)

My final breakdown is by their background. In this breakdown most candidates will hit multiple categories.

  • 7 Business (Other than Financial Services)
  • 3 Financial Services
  • 3 Prior NRA Employee (ILA or Field Director)
  • 2 Law Enforcement
  • 6 Military Service
  • 6 Lobbyists
  • 4 Trained in Engineering
  • 2 Information Technology
  • 5 Attorneys (apparently only one still in practice other than lobbying or finance)
  • 4 Prior or Current Non-Elected Government Service
  • 4 Held Elected Office
  • 1 Public Relations
  • 3 President or Exec Director of State Association
  • 2 Competitors
  • 2 Primarily 2A Activists

This is only a thumbnail sketch of the candidates from the Nominating Committee and it comes from what I gathered independently. I did not use AI to generate this as I prefer to do my own digging.