STAG Arms Acquired by Investment Capital Firm

STAG Arms has been in a bit of trouble lately; legal, not financial. Simply put, they were (in my opinion) grossly negligent when it comes to the record-keeping & Handling of over 100 NFA full-auto lower receivers and over 3,000 un-serialized lowers.

As part of Stag’s settlement with the ATF, whereStag’s owner Mark Malkowski pleaded guilty on charges of mismanagement of controlled items, Mr. Malkowski lost his Federal Firearms License (though Stag was allowed to continue operation until new ownership was found). As part of the plea deal, Malkowski cannot own or manage a firearms company and Staid a half-million dollar fine.

Stag has found its buyer. White Wolf Capital, an investment-capital firm out of Miami has purchased the company in its entirety. Full Press Release can be found here.

Elie Azar, Managing Director of White Wolf, noted, “We are very excited to add Stag to our portfolio of outstanding companies in the firearms industry.  Stag is an iconic brand with a well-deserved reputation for product excellence and world-class customer service.  We look forward to partnering with Stag’s strong management team and employees to grow the Company through new and innovative product offerings.  In addition, we are delighted that Mark Malkowski, Stag’s founder, has agreed to remain engaged with the Company as a consultant.  Mark’s deep knowledge of the industry will be invaluable as we build upon the excellent foundation that he put in place.”

White Wolf Capital currently owns majority stakes in Aero Prevision (and Ballistic Advantage), owns VG6 Precision, a majority stake in Technicut Tool, and equity in Hilco Technologies.

Here’s to hoping that an investment capital company does not run some more good names into the ground! 

Nathan S

One of TFB’s resident Jarheads, Nathan now works within the firearms industry. A consecutive Marine rifle and pistol expert, he enjoys local 3-gun, NFA, gunsmithing, MSR’s, & high-speed gear. Nathan has traveled to over 30 countries working with US DoD & foreign MoDs.

The above post is my opinion and does not reflect the views of any company or organization.


  • Jay Lee

    “White Wolf Capital currently owns majority stakes in Aero Prevision”…there is a typo. Its Aero Precision.

  • Mack

    Ballistic and Aero have been amazing to work with. So if they keep that same business model i see good things coming from stag.

  • Devil_Doc

    Does anyone else get a bit nervous at the thought of one investment firm “owning” that many firearm companies?

    • Edeco

      Not at the moment, but Stag losing independence is no picnic. If I though a trend toward coalescence were underway… wouldn’t want to see what happened to the US car industry again.

      • Jwedel1231

        You mean, what happened when Remington bought up half of the firearms industry once?

        • Edeco

          Nope. I’m aware of the events you’re referring to. I don’t think it’s a big deal, not what I’d call a trend.

  • Ranger Rick

    Multiple typos, please review before posting your articles.

  • John

    Stag arms should have gone with the Tu quoque defense; it doesn’t get used enough. *note: it’s similar, but distinct from the logical fallacy

  • spencer60

    Yeah, being owned by hedge funds has worked out so well for Colt and Remington…

  • George Plunkett III


  • Captain obvious

    Kind of interesting that soon after Stag got in trouble I started getting emails from them offering parts and uppers. Kind of a “hey, we’re still around” kind of thing I suppose. I never got anything from them previously and don’t own any of their rifles.