Outdoorsmen.com Completes Letter Of Intent To Acquire An Outdoor Recreation Development Project

GREENWOOD VILLAGE, CO, March 29, 2024 – Outdoorsmen.com, Inc. announced today that it has completed a Letter Of Intent (LOI) to acquire an outdoor recreation land development project in Colorado. The acquisition is valued at $10.25 Million Dollars, and is slated to become the new corporate headquarters of Outdoorsmen.com, Inc.

Outdoorsmen.com is a social media, e-commerce, and integrated management technology company operating in the sporting goods industry, devoted to supporting the hundreds of millions of consumers and business operators that contribute to an annual gross economic output of $1.1 trillion from the U.S. outdoor economy. The Bureau of Economic Analysis (BEA) calculates the economic output of outdoor recreation to be $1.1 trillion, surpassing industries such as mining, utilities, farming and ranching, and chemical products manufacturing according to their updated national statistics and state-level data on the outdoor recreation economy that recognizes the critical role the industry plays in supporting economic growth in the United States.

"We are very excited to complete the terms of this land acquisition deal, that will add great value to our company and provide an amazing outdoor recreation destination for travelers in Colorado." said CEO of Outdoorsmen.com, Lynn Murphy. "This ten million dollar acquisition will also provide Outdoorsmen.com with a newly slated corporate headquarters," added Murphy.

Outdoorsmen.com, Inc. announced in 2023 that it has implemented an aggressive roll-up strategy of small business operators, real estate, and outdoor industry consumer trade shows, leading up to a public offering of its stock in 2024. On February 8th, 2024 the company announced they have launched a new enterprise resource planning (ERP) cloud-based software system that will be used by the businesses they acquire, as well as licensing it through a software as a service (SaaS) subscription to their business customers.

https://www.outdoorsmen.com/outdoorsmen-com-launches-erp-system-with-built-in-ai-automation-crm-finance-hr-and-emarketing

About Outdoorsmen.com, Inc.

Outdoorsmen.com is one of the largest digital media and technology companies in North America, solely devoted to the hundreds of millions of outdoor consumers and business operators that contribute to the U.S. outdoor economy. According to the Bureau of Economic Analysis (BEA) releases updated national statistics and state-level data on the outdoor recreation economy for 2022, it calculates the economic output of outdoor recreation to be $1.1 trillion, surpassing industries such as mining, utilities, farming and ranching, and chemical products manufacturing. Outdoorsmen.com, Inc. is a proud member of the Outdoor Industry Association. https://outdoorindustry.org

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Lynn Murphy / CEO
Outdoorsmen.com, Inc.
1 (888) 838-3396