I have learnt a few interesting facts about Para USA and their relationship with Remington (which is owned by Freedom Group International with in turn is owned by Cerberus Capital Management)
Apparently two senior Freedom Goup employees left the company last year and went to work at Par USA. One of them, Bill Hazard, was formally with Cerberus and was used as a “fixer” in many FGI locations (including the Bushmaster, Remington and Remington ammunition). Brett Mazzei, a former Bushmaster finance guru turned Remington/FGI financial guru, also left for Para USA around the same time.
Coincidence or a planned infiltration of Para USA before acquisition? I have been told that neither knew about the Para USA acquisition deal before they left FGI.