Quote:
Originally Posted by tscheerer
This was my #1 takeaway from the PRI show, private equity is taking over much of the performance racing industry, meaning the bean counters are running the show instead of the innovators who made the companies great in the first place. Had a long conversation with the head of one such company, and it got me wondering if this might be a means to control the performance aftermarket as a whole.
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Because the original owners took the buyout, got paid and left.