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Message
re: Marucci Sports Sold for $200M
Posted on 3/9/20 at 11:15 am to Tigeralum2008
Posted on 3/9/20 at 11:15 am to Tigeralum2008
I even saw the news in my elevator going into work this morning.
Posted on 3/9/20 at 11:30 am to Dizz
All bats have pop if you shave em right.
Posted on 3/9/20 at 11:40 am to deathvalleyfreak43
quote:
good bye quality.. hello shitty service & cheap product
I’ve made a promise to continue running things the same as before. Same people will be in charge of day to day operations. This is purely an investment on my part. Thanks.
Posted on 3/9/20 at 11:41 am to salty1
a lot of former LSU baseball and softball players work for this company.
Posted on 3/9/20 at 11:49 am to Tyga Woods
How did you structure the deal? Has it closed?
Posted on 3/9/20 at 11:52 am to LoneStarRanger
quote:
Baton Rouge can say "Goodbye" to Marucci within 5 years.
Y'all can bump this thread if I end up being wrong, but looking at the historical purchases of CODI and their investment structure, they aren't a PE firm that acquires then merges/relocates.
In fact, a number of their current holdings are in "non-major markets" as their investment portfolio is centered on North American brands in niche markets.
But we can continue with the narrative...it is the OT after-all.
Posted on 3/9/20 at 12:20 pm to salty1
quote:
In this day and age, I'll eat my shoe if more than one or two employees (non-owners) saw any remuneration from the sale for their years of intellectual contributions and sacrifice to help get a small company off the ground. There will undoubtedly be many employees who were instrumental in helping build this company that are asked to leave, or take a reduction in salary, in the not-too-distant future due to "expense restructuring". They can say goodbye to those nice medical benefits too. The new owners already have a plan for increasing profitability, and there is never such thing as loyalty to existing staff. In my line of work, I see this happen almost daily.
FACTS.
Posted on 3/9/20 at 7:16 pm to Tigeralum2008
quote:
Marucci "will continue to be led by (Kurt) Ainsworth and its current leadership team,"
The same Kurt Ainsworth who played for the SF Giants? Used to play golf with the guy and others Giants in Scottsdale during Spring Training. The guy never pulled his driver, he always hit long iron off the tee and could absolutely crush it.
Posted on 3/9/20 at 7:25 pm to TigahJay
Bro .450 that kid aint getting a wiff at the pros. Lil Braydyn batted .780 and had a WAR of 5,000,000. Dropping bombs!!!!
Joe torre came an scouted his 5 and 6 games last year. Pretty sure he's signing a future's contract.
Joe torre came an scouted his 5 and 6 games last year. Pretty sure he's signing a future's contract.
Posted on 3/9/20 at 7:29 pm to WhiteMandingo
Wonder how much ainsworth and Lawrence walk away with?
Crazy success for those guys.
Unbelievable
Crazy success for those guys.
Unbelievable
Posted on 3/9/20 at 7:39 pm to ashy larry
quote:
Just about any investment group will constantly nitpick the books and force management to make decisions that favor the bottom line while sacrificing quality and/or service. People don't buy a company for $200 million to just see how things play out.
This exact thing just happened to us, and it's honestly sad. Lost benefits, quality is down... its a mess....
Posted on 3/9/20 at 8:00 pm to TigahJay
quote:
They better not frick with the bats...my son Jax hit .450 last year with his Marucci, don’t want to mess up his swing.
$1,000 bat can't fix a $10 swing
Posted on 3/9/20 at 8:09 pm to Golfer
quote:
Y'all can bump this thread if I end up being wrong, but looking at the historical purchases of CODI and their investment structure, they aren't a PE firm that acquires then merges/relocates.
In fact, a number of their current holdings are in "non-major markets" as their investment portfolio is centered on North American brands in niche markets.
But we can continue with the narrative...it is the OT after-all.
PE firms get a bad rap... and for good reason.
But they aren't all bad. Hopefully this wasn't your "load with debt and suck the cash" LBO, but rather a legit opportunity for some of the guys to cash out, have the company recapitalize, and get cash to expand.
Posted on 3/9/20 at 8:12 pm to Golfer
Golfer I agree with you. Marucci isn’t going anywhere. Too many local ties to BR in the upper management positions. I expect them to rise to the top and and take it to the next level.
Posted on 3/9/20 at 8:16 pm to camoedoutlander
quote:
This exact thing just happened to us, and it's honestly sad. Lost benefits, quality is down... its a mess....
What company?
Posted on 3/9/20 at 8:19 pm to AZBadgerFan
he played for mSf giants?
Posted on 3/9/20 at 8:21 pm to Golfer
quote:
Y'all can bump this thread if I end up being wrong, but looking at the historical purchases of CODI and their investment structure, they aren't a PE firm that acquires then merges/relocates. In fact, a number of their current holdings are in "non-major markets" as their investment portfolio is centered on North American brands in niche markets. But we can continue with the narrative...it is the OT after-all.
What is this shite? You did research prior to forming your opinion? Dumb arse.
Posted on 3/9/20 at 8:22 pm to Golfer
The maruuci baws will be making bats in Cubicles next week.
Posted on 3/9/20 at 8:37 pm to Tigeralum2008
I guess it’s because they have yet to build a huge facility, but considering how many college teams and pro players rep their stuff, and how popular they are in the travel bawl scene...$200 million seems kinda low.
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