Rantum Capital Investment News

Rantum portfolio company Bonowi acquires US partner Stop Stick 

  • Stop Stick, headquartered in Cincinnati/USA, specializes in the production of tire deflation devices used for fleeing vehicles  
  • Significant strategic synergies between Bonowi and Stop Stick both in terms of product portfolio and geographic focus 
  • CEO Andy Morrison joins Bonowi management team 

Mainz-based police equipment supplier Bonowi, a portfolio company of Rantum Private Equity Fund II, has acquired 100% of the shares in US-based Stop Stick. Stop Stick, headquartered in Cincinnati/USA, specializes in the production of tire deflation products used to safely stop fleeing vehicles. The products are used by more than 11,000 law enforcement agencies throughout the United States. Bonowi has already been the exclusive distributor of Stop Sticks in German-speaking countries for several years and is therefore already very familiar with the advantages of the product. 

Andy Morrison, CEO of Stop Stick and future member of the management board of Bonowi: “We are pleased to internationalize our product with the support of Bonowi. At the same time, with our customer access in the USA, we can also open numerous doors for Bonowi’s high-quality products. We are therefore very much looking forward to the future cooperation and the opportunity to join forces.” 

Dr. Frank-Jürgen Weise, Rantum Capital’s industrial partner for the defence sector, adds: “The combination of Bonowi and Stop Stick is highly complementary, both geographically and in terms of the product range. We are therefore pleased to have already completed such a suitable add-on acquisition in the first year of our investment in Bonowi and are delighted with the successful start to our investment.” 

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