The same year, Bushnell acquired the Final Approach and Kolpin Hunting brands from Facilitator Capital Funds, a Wisconsin-based private equity firm. In 2007, Bushnell was acquired by MidOcean Partners, another private equity firm, which acquired it in a leveraged recapitalization. Michael's of Oregon was based in Oregon City. At the time of its purchase by Bushnell, Michael's earned about $60 million per year in profit. Michael's sold holsters, scope covers, cleaning kits, and other gun accessories under the brands Hoppe’s, Butler Creek, Stoney Point, and Uncle Mike’s Law Enforcement. In 2005, Bushnell acquired Michael’s of Oregon. Tasco sells through specialty outlets, catalogs, and online vendors. Tasco's other products include terrestrial spotting scopes, microscopes, binoculars, and telescopic sights and other rifle accessories. The company's line of products mainly target amateur astronomers but has grown to include many products besides telescopes. Tasco is a major international distributor of telescopes. In 2002, Bushnell bought the sporting optics company Tasco. In July 2018, Vista Outdoors announced it had reached an agreement with a European private equity fund to sell the Bollé, Cébé and Serengeti eyewear brands. Bollé, Cébé and Serengeti were part of Vista Outdoor's acquisition of Bushnell in 2013. The Serengeti brand was acquired by Bushnell in September 2000. 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. Three years later, Bushnell retired as vice-president of Bausch & Lomb. The firm renamed itself Bushnell Performance Optics. In 1971, Bushnell sold his company to Bausch & Lomb. Bushnell eventually expanded his business to include riflescopes and spotting scopes. Bushnell made precision binoculars affordable to middle-class Americans for the first time through a strategy of importing from manufacturers in Hong Kong, Taiwan, and Japan, who provided optics to his patented specifications. Bushnell, when he returned to California from his honeymoon in Japan with two crates of binoculars and sold them by mail order. The company was founded in 1948 by David P.
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