The parent of Stack-On, Cannon Safe, and GunVault filed for Ch. 11 in NV bankruptcy court, listing $10 to $50 million in assets and $100 to $500 million in liabilities. Alpha Guardian was formed in 2017 by PE fund MidOcean Partners and Aaron Baker, then-owner of the Cannon Group, to acquire the Stack-On Group. The attempt to integrate the two companies was a failure, resulting in production problems and shortages of finished goods that resulted in a $59 million loss last ... Log in to view full article.