Fishing company acquires startup

Fresh after raising nearly $40 million in financing, fishing company Catch Co. said it's purchased Recur Outdoors of Boston for an undisclosed price.

Chicago-based Catch Co., which raised $38 million in Series B funding in late April, said it's bought the Boston-based startup that produces a fly-fishing monthly subscription service called Postfly, and that sells Wade fly-fishing rods, Pelican fly-fishing reels, and the Badfish saltwater brand.

Catch Co. was founded in 2012 as a monthly fishing tackle subscription service called Mystery Tackle Box. It also has its its own ecommerce platform called Karl's Bait & Tackle.

Recur was founded in 2013 by Brian Runnals, and its Postfly fly-fishing subscription service has more than 25,000 subscribers.

 

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