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Hobie Cat Company Sold to Investment Firm

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Shin09:
as seen on the Hobie.com forums:

https://paddlingmag.com/stories/news-events/hobie-sold-to-investment-group/

Will be interesting to see how this plays out.  On one hand, it seems good they acknowledge the production issues.  On the other hand, acquisitions like this seem to usually be more about the bottom line than improving the product.

Stinger Hook:
Thanks for sharing.
I wasn't aware of this. Let's indeed wait and see how this plays out.
Hopefully no long term issues.

Ling Banger:
Almost never turns out well for consumers.

Shin09:
I was actually just reading about the Traeger acquisition from a few years back. While it was certainly a blow to the local economy since the Hawk moved away from here I would largely say the consumer overall has benefited.

Hope the same goes for Hobie. It seems like the sailing part of the business would be most likely to atrophy. The has been little product development on that side and the line continues to get cut.

Tinker:
As far as I can tell, Maynards Industries is an AUCTION HOUSE.  Take it for what it's worth.

https://maynards.com/

That is the right Maynards, with the correct CEO:

https://www.bbb.org/us/mi/southfield/profile/auctioneer/maynards-industries-inc-0332-90011585

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