first Fund V exitPrivate equity buyoutConsumer & RetailCompleted

GTCR buys trail-camera maker Tactacam from Bertram Capital

Bertram Capital completed the sale of Tactacam, a Billings, Montana-based maker of cellular-connected outdoor cameras, to GTCR. Terms were not disclosed. Tactacam's REVEAL brand of cellular trail cameras serves hunters and land managers, while its Defend line extends the platform into property security. The exit is the first from Bertram Capital Fund V, the firm's 2023-vintage flagship fund.

Why it matters: A quick flip from a 2023-vintage fund signals PE appetite for consumer hardware with recurring connectivity revenue.

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