American Rebel Holdings, Inc. completed the acquisition of Champion Safe Co., Inc., Superior Safe, LLC, Safe Guard Security Products, LLC and Champion Safe De Mexico, S.A. de C.V. from Ray Crosby.
July 28, 2022
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American Rebel Holdings, Inc. (NasdaqCM:AREB) entered into an agreement to acquire Champion Safe Co., Inc., Superior Safe, LLC, Safe Guard Security Products, LLC and Champion Safe De Mexico, S.A. de C.V. from Ray Crosby for $9.9 million on June 29, 2022. The Champion Purchase Agreement contains termination rights for the Champion Entities and Seller, including if the transactions are not consummated within 60 days after the date of the Champion Purchase Agreement. Champion Group reported the total assets of approximately $6.4 million and total shareholder's equity of approximately $3 million for the period ended March 31, 2022. The closing date for the acquisition is set to be on or before August 31, 2022. Anthony N. DeMint of DeMint Law, PLLC acted as Legal advisor to American Rebel Holdings, Inc. (NasdaqCM:AREB). Chris A. Dexter of Dexter & Dexter acted as Legal advisor to Ray Crosby and Champion Safe Co., Inc. and Superior Safe, LLC and Safe Guard Security Products, LLC and Champion Safe De Mexico, S.A. de C.V. Joseph Lucosky and Adele Hogan of Lucosky Brookman LLP acted as legal advisor to American Rebel Holdings. EF Hutton, division of Benchmark Investments, LLC acted as financial advisor to American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (NasdaqCM:AREB) completed the acquisition of Champion Safe Co., Inc., Superior Safe, LLC, Safe Guard Security Products, LLC and Champion Safe De Mexico, S.A. de C.V. from Ray Crosby on August 4, 2022.
American Rebel Holdings, Inc. operates primarily as a designer and marketer of branded safes and personal security and self-defense products. The Company also designs and produces branded apparel and accessories, including concealment pockets. It offers an assortment of personal security products as well as apparel and accessories for men and women under the Companyâs American Rebel brand. The Company's products are designed to store firearms, as well as store its customersâ keepsakes, family heirlooms, and treasured memories. It offers a range of concealed carry jackets, vests, and coats for men and women. The Companyâs apparel collection consists of Cartwright Coats and Vests, Freedom 2.0 Jackets and Vests and American Rebel T-Shirts Collection. Its safe collection consists of six safes in a range of sizes: AR-50, AR-40, AR-30, AR-20, AR-15, and AR-12. The Company is also a manufacturer of gun safes with security and fire protection.
American Rebel Holdings, Inc. completed the acquisition of Champion Safe Co., Inc., Superior Safe, LLC, Safe Guard Security Products, LLC and Champion Safe De Mexico, S.A. de C.V. from Ray Crosby.
AMERICAN REBEL HOLDINGS, INC. 
