A group of Westport-based investors led by Barry Sternlicht, Michael Tewey and Larry Martin announced today that they have purchased the Field & Stream Licenses Company and its trademark assets.
Terms of the transaction were not disclosed. The company will be based in Westport and run by Tewey and Martin on a day-to-day basis. Sternlicht will serve as the company’s chairman.
Founded 134 years ago by Gordon & Ferguson Co., Field & Stream Licenses Company currently owns more than 115 U.S. and international trademark registrations covering more than 600 products, along with ‘Intent to Use’ registrations for an additional 250 products.
It also owns the Field & Stream trademark for products in 43 countries including China and the European Union. The company is not associated with Field & Stream Magazine, which is owned by Time Warner Corp.
The investment group intends to leverage the Field & Stream brand into new high-quality, affordably priced outdoor products—ranging from apparel, home products, sporting equipment and food—and other services, an announcement said.
