Quote:
Originally Posted by SDT1DYI
Private equity, buy out. Harvard business school, its all about the cash flow......
Dart's another example and many others.
Accounting/ finance people are in charge, not the racers that built the businesses like Maskins and Edelbrock.
These guys may have not had MBA's but they build very successful companies.
Steve Teeter STK/SS 620.
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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.