& Cousins Paintball to Merge
D.C. - February 15, 2005 - Today, Pev's Paintball the leader in
Paintball Pro Shops nationwide and the "Largest Paintball Retail
Chain in the United States", announced that it has entered
into an agreement to merge with Cousins Paintball. The new company
will do business under the Pev's name. As the largest paintball
field and store operator in the country, Cousins' expertise in field
operations, management, and a deep rooted foundation is sure to
compliment Pev's existing operations. The union of the two industry
giants creates a company with holdings from New York to Virginia,
with over 16 locations. The merger is the largest retail transaction
in the history of the sport.
According to Mike Peverill, CEO of the new Pev's network, "I
look forward to joining forces with the Cousins management team
and the formation of our new group. With Dean DelPrete serving as
V.P. of Retail and Marketing and Todd continuing in his role as
COO, we have put together the most powerful retail management team
DelPrete states, "This is a great opportunity for both companies
to come together, share our respective strengths and continue to
support our customers with the Pev's brand."
enthusiasts in any region with a Pev's location will benefit from
the superior service that this customer oriented organization provides.
Both Cousins and Pev's are well known for their customer support
programs, together their strengths and support of these programs
becomes more powerful.
completion of the merger, the Pev's network will expand their expertise
to new and existing store and field owners. Through a new division,
Pev's Franchise Operations (PFO) will sell, service, and support
Pev's franchises around the country. Mike Peverill states: "By
offering franchise opportunities, we can assist other stores and
fields with our combined proven resources developed over the past
Pev's Paintball was founded in 1993 by Mike "Pev" Peverill.
Pev, an accomplished tournament player, was able to amass a stockpile
of products through tournament winnings and sponsorship. Realizing
a need for a Paintball Pro Shop, Pev was able to parlay his surplus
products into the beginnings of his first store. Today, Pev's Paintball
is the leader in Paintball Pro Shops nationwide and is the "Largest
Paintball Retail Chain in the United States". Along the way
Pev's has constructed a dynamic, well managed retail network, a
testament to Mike's brother Todd, the Chief Operating Officer. On
the tournament circuits, Pev's has a tremendous presence both in
a retail sense and in support and sponsorship of some of the finest
teams to ever play the game.
From humble beginnings in 1987, Cousins Paintball has grown into
the empire that it is today. Dean DelPrete and Paul Sattler, owners
of Cousins Paintball and actual cousins, come from a family steeped
in retail tradition. Today, Cousins Paintball serves over 100,000
paintball enthusiasts at its three outdoor parks, totaling over
400 acres. In addition to the outdoor parks, Cousins indoor, is
a 40,000 sq. ft. facility visited by 20,000 players yearly. With
6 retail stores, Cousins is the "Largest Paintball Field &
Store Operator in the United States."
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