Columbia Sportswear Co. has completed its acquisition of Prana Living LLC from Steelpoint Capital Partners and others for $190 million in cash.

Portland, Ore.-based Columbia said on April 29 it had reached an agreement to acquire the company based in Carlsbad, Calif. Founded in 1992, Prana emphasizes sustainable production methods in marketing a collection of sportswear geared to outdoor pursuits, including rock climbing, and yoga and exercise. Its sales have enjoyed a compound annual growth rate of more than 30 percent since 2010 and are expected to pass the $100 million mark this year. Its operating margin is said to be in the low double digits.

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