PrairieFire announced this week that the United States Bankruptcy Court for the District of Nevada confirmed the Chapter 11 plan of reorganization under which it will acquire 100 percent of Front Sight Management’s equity. The final order officially consummating the change in ownership is expected this month. At that time the former Front Sight facility in Pahrump, Nev., will change its name to PrairieFire Nevada.
Front Sight was established in Bakersfield, Calif., in 1996, but gradually moved operations after it purchased 550 acres in Nye County, Nev., in 1998. The company had, at one time, offered lifetime memberships. Highlights at the resort facility included Mark Wahlberg training in preparation for his role in the 2006 movie "Shooter." The company ran into a variety of financial obstacles throughout its history and filed for bankruptcy in May.
The plan of reorganization received broad support from Front Sight’s creditors and membership. PrairieFire plans to continue the training and range activities. The firm’s sister company, Stagecoach Outpost, will lead development of the site’s 550 acres of real estate, creating a destination that will include an expansive lifestyle residential and RV community.
PrairieFire Nevada CEO Bill Wilson—not the person with the same name who owns Wilson Combat—said, “The PrairieFire mission is simple: Create the finest shooting facility in the world, and establish the pre-eminent shooting destination experience. We will continue to work closely with the former Front Sight members, employees, local residents and Nye County officials in building the home of American shooting sports where members can explore, develop and grow.”
“Stagecoach Outpost plans to invest heavily in the location’s real estate, lodging and hospitality assets,” added Todd Reid, Stagecoach Outpost CEO. “This site provides the ideal location to develop a community embodying the spirit of the American frontier. The Pahrump Valley is beautiful, it has great weather and it is framed by magnificent mountains on all sides. We are also grateful to be situated near a community of people who share our values—not to mention the entertainment capital of the world is just down the road. Our vision is to establish Stagecoach Outpost as the American community for those who want a bold, adventure-seeking lifestyle. It is a place to live the frontier spirit that resides in many Americans.”
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