Whether it's true or not, rumours have been circulating about Blackhawk! now on sale for some reasons. There had been talks with a Private Equity group but fell through as reported in the The Daily Deal last 05 February (though the news about it at the website seems to be hidden behind a wall now). So what does this mean? Even if the deal didn't push through, will they still look for another buyer?

Soldier Systems have a short entry about this:

Rumors have swirled for some time that Blackhawk Products Group has been for sale. A recent article by “The Deal Pipeline” confirms this. Brazos Private Equity Partners LLC was seeking to purchase the company but Blackhawk withdrew from negotiations over pricing issues last Thursday. The deal was to be financed with an estimated $80 million debt package provided by GE Capital Corp and Chicago’s Madison Capital Funding LLC, with a $20 million mezzanine debt piece from Golub Capital. Wachovia Securities (owned by Wells Fargo) has been serving as Blackhawk’s financial adviser and seeking buyers for the company.

We'll watch out for more news that comes out of it. Hard to google for some more information on this development.