1、 Outdoor&RecreationMarket Monitor Winter 2026Mergers&AcquisitionsCapital RaiseStrategic AdvisoryLogistic Suppl ChainDeep expertise and strong relationships with relevant market participantsBattle-tested process that drives maximum valuation and enhanced termsExclusive focus on private,middle market
2、companiesA life-cycle approach to client serviceEXPERIENCEProven Track Record of Successful TransactionsLogistics&Supply ChainIndustrialHealthcareOutdoor&RecreationOnline RetailChemicals&IngredientsLogistics&Supply ChainPhysician&Clinical ServicesContract Packaging&Mfg.Dental Products&ServicesOTC Pr
3、oductsHospital ServicesFood&BeverageVitamins,Minerals&NutritionConsumOutdoo RecreatAppare FootweConsumIndustrial TechnologyHospital ServicesLogistics&Supply ChainLogistic Suppl ChainDental Products&ServicesHospital ServicesOnline RetailOTC ProductsHospital ServicesHospital ServicesFood&BeverageConsu
4、mIndustrialServicesApparel&FootwearApparel&FootwearConsumerLogistics&Supply ChainIndustrial TechnologyApparel&FootwearLogistics&Supply ChainHospital Services2MARKET OVERVIEWIndustry Overview Not withstanding the mid-year turmoil caused by tariff implementations,the Outdoor&Recreation market experien
5、ced a year of stabilization and gradual recovery in 2025.Companies continued to make meaningful progress in reducing the elevated inventory levels that had built up during the pandemic-driven surge in demand.More disciplined promotional activity,tighter purchasing strategies and supply chain improve
6、ments were key drivers of inventory normalization and gross margin expansion.Outdoor participation remained a major demand driver,with more than 181 million Americans engaging in outdoor activities(Compared to 175 million in 2024,3-4%increase).Despite a more cautious retail environment,sustained par