Editing National Paintball Supply (section)

=== Sale to KEE Action Sports ===

During 2006, National Paintball Supply experienced a downturn in its business and began negotiations for an asset sale.

An asset purchase agreement was initially signed on 29 September 2006.

The transaction closed on or about 17 November 2006, when Postorivo sold substantially all the company's operating assets to AJ Intermediate Holdings.

The purchaser established KEE Action Sports Holdings to combine the acquired NPS business with assets from Pursuit Marketing Inc., a competing paintball equipment distributor.[4]

The transaction transferred National Paintball Supply's distribution operations and associated business assets into the new organisation.

The original corporate entity retained certain excluded assets and liabilities and subsequently operated under the name PBS Holding Group.

The distinction between the sale of the operating business and the continued existence of its former corporate entity is documented in Delaware Court of Chancery proceedings.[4]

Following the transaction, Postorivo established [[Valken]], a separate paintball equipment company, in 2008.[2]