From Bowlers Journal:
Brunswick Bowling Products has been sold to BlueMark Capital Management, Bowlers Journal has been told.
Brunswick reportedly informed its employees of the deal on Friday.
We’ll have more about this transaction as details become available.
Tons of questions....
1) What does this mean for the Brunswick umbrella companies?
2) I'm guessing they will continue to make balls. That being said, where will they be manufactured?
3) Are they cleaning house or keeping the talent? There's a lot of smart people up there.
BRUNSWICK SOLD!
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- Mongo
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BRUNSWICK SOLD!
USBC Silver Certified Coach
JMerrell wrote:Mongo,
We need to work on getting that teddy bear body of yours more open throughout the approach.
Re: BRUNSWICK SOLD!
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May all beings everywhere be happy and free,
and may the thoughts, words, and actions of my own life
contribute in some way to that happiness
and to that freedom for all.
John
and may the thoughts, words, and actions of my own life
contribute in some way to that happiness
and to that freedom for all.
John
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Re: BRUNSWICK SOLD!
"Just put 3 holes in it, I'll make it work." Pete Weber
- russelldean
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Re: BRUNSWICK SOLD!
BlueArc Capital Management Acquires Brunswick Bowling Products
Muskegon, Mich., May 26, 2015 — Brunswick Bowling Products announced today that it has
been acquired by BlueArc Capital Management LLC, a private investment firm based in Atlanta,
Georgia. Brunswick, the worldwide market leader in bowling products, is based in Muskegon,
Michigan.
BlueArc completed the acquisition with investments from Gladstone Investment Corporation, a
publicly traded business development company in McLean, Virginia and Capitala Finance Corp.,
a business development company in Charlotte, North Carolina.
“Brunswick is a great fit for us,” said Michael Roher, Managing Partner of BlueArc's private
equity business. “We focus on investing in well-established, market-leading companies and
helping them innovate and grow over time. The brand, the products and the management team
all demonstrate the high performance attributes we seek within our portfolio companies.”
“Brunswick Bowling Products has been known for quality products and innovation for 125
years,” said Brent Perrier, Chief Executive Officer of Brunswick Bowling Products. “We’re
excited to be associated with BlueArc. Throughout the sale process BlueArc was the obvious
choice of our management team. Their commitment to our business is a very positive sign to
the entire industry.”
“We are pleased that the buyers are long-term investors and that the Brunswick name and all
that it stands for will carry on and continue to set the standard in the bowling industry,”
explained Brunswick Chairman and Chief Executive Officer Dustan McCoy.”
Headquarters will remain in Muskegon, Michigan with manufacturing operations in
Szekesfehervar, Hungary, and Reynosa, Mexico.
.
Muskegon, Mich., May 26, 2015 — Brunswick Bowling Products announced today that it has
been acquired by BlueArc Capital Management LLC, a private investment firm based in Atlanta,
Georgia. Brunswick, the worldwide market leader in bowling products, is based in Muskegon,
Michigan.
BlueArc completed the acquisition with investments from Gladstone Investment Corporation, a
publicly traded business development company in McLean, Virginia and Capitala Finance Corp.,
a business development company in Charlotte, North Carolina.
“Brunswick is a great fit for us,” said Michael Roher, Managing Partner of BlueArc's private
equity business. “We focus on investing in well-established, market-leading companies and
helping them innovate and grow over time. The brand, the products and the management team
all demonstrate the high performance attributes we seek within our portfolio companies.”
“Brunswick Bowling Products has been known for quality products and innovation for 125
years,” said Brent Perrier, Chief Executive Officer of Brunswick Bowling Products. “We’re
excited to be associated with BlueArc. Throughout the sale process BlueArc was the obvious
choice of our management team. Their commitment to our business is a very positive sign to
the entire industry.”
“We are pleased that the buyers are long-term investors and that the Brunswick name and all
that it stands for will carry on and continue to set the standard in the bowling industry,”
explained Brunswick Chairman and Chief Executive Officer Dustan McCoy.”
Headquarters will remain in Muskegon, Michigan with manufacturing operations in
Szekesfehervar, Hungary, and Reynosa, Mexico.
.
Please click the Green Button, If i have been helpful..
- Mo Pinel
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Re: BRUNSWICK SOLD!
When discussing the sale with my constituents at Brunswick, they are very happy with the sale. The new owners are a small, privately held company. The word is that this will allow us to do more long term planning, compared to the previous publicly traded company.
Rest In Peace (1942-2021)
- Qman
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Re: BRUNSWICK SOLD!
This will give you the freedom to be more dynamic with core and cover combinations IMO than the restrictive parameters put forth by the monetary restrictions set forth by the previous regime. Am I close?Mo Pinel wrote:When discussing the sale with my constituents at Brunswick, they are very happy with the sale. The new owners are a small, privately held company. The word is that this will allow us to do more long term planning, compared to the previous publicly traded company.
Adapt or perish!
PAP 4 1/8, 1/2 up
Axis Rotation 20
Axis Tilt 23
Rev rate 280
Speed Dominate / Rev Challenged
14-16mph at monitor
PAP 4 1/8, 1/2 up
Axis Rotation 20
Axis Tilt 23
Rev rate 280
Speed Dominate / Rev Challenged
14-16mph at monitor
- Mo Pinel
- Rest In Peace
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Re: BRUNSWICK SOLD!
Since I've been there I've always had the freedom to take Radical BT technology in the direction I feel is best. What should be improved is the time implementation takes. The approval procedures should be expedited.Qman wrote:
This will give you the freedom to be more dynamic with core and cover combinations IMO than the restrictive parameters put forth by the monetary restrictions set forth by the previous regime. Am I close?
Rest In Peace (1942-2021)