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The firm renamed itself Bushnell Performance Optics. Three years later, Bushnell retired as vice-president of Bausch & Lomb. [2] In 1999, Bausch & Lomb sold Bushnell Performance Optics to the private equity firm Wind Point Partners through a recapitalization of Bushnell's then parent company, Worldwide Sports & Recreation. [3] [4] [5]
By June 2002, Wind Point Partners, then the parent company of Bushnell Performance Optics purchased the Tasco brand and all the company's intellectual property. In July 2007, Wind Point Partners sold Bushnell Performance Optics along with Tasco property and sales rights to MidOcean Partners , a private equity firm based in New York and London .
In 2007, Bushnell was acquired by MidOcean Partners, another private equity firm, in a leveraged buyout. In 2008, Bushnell acquired the assets of Simmons Outdoor Corporation from Meade Instruments. ATK announced its acquisition of Bushnell on September 5, 2013, for $985 million in cash, subject to post-closing adjustments. [39] [40]
David Pearsall Bushnell (1913–2005) was an American entrepreneur who founded the Bushnell optics company in 1948. Bushnell made precision binoculars affordable to middle-class Americans for the first time through a strategy of importing from manufacturers who provided optics to his patented specifications.
A United States Marine firing an M4 carbine, using an EOTech holographic sight to aim.. The first-generation holographic sight was introduced by EOTech—then an ERIM subsidiary—at the 1996 SHOT Show, [2] under the trade name HoloSight by Bushnell, with whom the company was partnered at the time, initially aiming for the civilian sport shooting and hunting market.
The AN/TVS-5 is an observation scope, although it does come with reticles and can be used as a weapon sight as well. With a larger catadioptric lens and higher zoom level, it is rated with a detection range of over 1 Kilometer with a third-generation image intensifier tube.