CCM Finalizing Sale for $570 Million

[coopaloop1234]

Get your gear now buckos. 

[A.YOUNGoalie13]

5 hours ago, coopaloop1234 said:

Get your gear now buckos. 

CCM sticks (the ghost in particular) is already the most expensive on the market. Over 400 usd after tax. Can’t wait to see them retail for 399. Ridiculous

[Chenner29]

6 hours ago, A.YOUNGoalie13 said:

CCM sticks (the ghost in particular) is already the most expensive on the market. Over 400 usd after tax. Can’t wait to see them retail for 399. Ridiculous

A lot of folks on GGSU claiming the same thing - prices are gonna go up, it's the end of the world, etc - very clear they are not savvy to what goes on at that high level.

I work for a company that is owned by private equity and I've met a few of our owners.  In general, they are very intelligent people who ask very good questions, and have a better understanding of industries they have a vested interest in than the general layman.  We're talking about an acquisition valued at over half a billion dollars here.

The new owners will rely on senior leadership at CCM to set pricing, go-to-market strategy, and other industry specific initiatives.  Price is going to be fluid, but I don't see CCM pricing themselves out of the market.  Keep in mind CCM's current ownership group is also a private equity firm - and while gear costs rose, they did not get out of hand compared to the rest of the market.

The new owners' role is to look to strengthen their investment with capital expense investments, investigating and executing relevant acquisitions, and bringing in ideas from their other labels to help CCM streamline and become more efficient.  After putting their thumbprint on the organization, they will look to sell it in X number of years for a profit.

PS - it's very possible letting the decision to let Lefevre walk from CCM was a decision that came down from their current ownership group.

[coopaloop1234]

8 hours ago, Chenner29 said:

A lot of folks on GGSU claiming the same thing - prices are gonna go up, it's the end of the world, etc - very clear they are not savvy to what goes on at that high level.

I work for a company that is owned by private equity and I've met a few of our owners.  In general, they are very intelligent people who ask very good questions, and have a better understanding of industries they have a vested interest in than the general layman.  We're talking about an acquisition valued at over half a billion dollars here.

The new owners will rely on senior leadership at CCM to set pricing, go-to-market strategy, and other industry specific initiatives.  Price is going to be fluid, but I don't see CCM pricing themselves out of the market.  Keep in mind CCM's current ownership group is also a private equity firm - and while gear costs rose, they did not get out of hand compared to the rest of the market.

The new owners' role is to look to strengthen their investment with capital expense investments, investigating and executing relevant acquisitions, and bringing in ideas from their other labels to help CCM streamline and become more efficient.  After putting their thumbprint on the organization, they will look to sell it in X number of years for a profit.

PS - it's very possible letting the decision to let Lefevre walk from CCM was a decision that came down from their current ownership group.

But don't you know that CEO's and Executive do nothing? Sorry been on reddit too long. 

The natural flow of large acquisitions of this caliber is a definitive ROI. What that period is is something we'll never truly know, but you can bet that there will be an market investigation as to the market pushback on most price increases. 

I'm curious to see how sales have been faring on a corporate level for a lot of these companies when taken into account the general slowdown of consumer buying and the increase in the COGS. 

I think there can be a cause of concern of further price increases across the board as all the big guys oligopoly nature on the hockey market. We don't see a wide variety of costs of the products at retail.  

[A.YOUNGoalie13]

11 hours ago, Chenner29 said:

A lot of folks on GGSU claiming the same thing - prices are gonna go up, it's the end of the world, etc - very clear they are not savvy to what goes on at that high level.

I work for a company that is owned by private equity and I've met a few of our owners.  In general, they are very intelligent people who ask very good questions, and have a better understanding of industries they have a vested interest in than the general layman.  We're talking about an acquisition valued at over half a billion dollars here.

The new owners will rely on senior leadership at CCM to set pricing, go-to-market strategy, and other industry specific initiatives.  Price is going to be fluid, but I don't see CCM pricing themselves out of the market.  Keep in mind CCM's current ownership group is also a private equity firm - and while gear costs rose, they did not get out of hand compared to the rest of the market.

The new owners' role is to look to strengthen their investment with capital expense investments, investigating and executing relevant acquisitions, and bringing in ideas from their other labels to help CCM streamline and become more efficient.  After putting their thumbprint on the organization, they will look to sell it in X number of years for a profit.

PS - it's very possible letting the decision to let Lefevre walk from CCM was a decision that came down from their current ownership group.

True, but part of why the they didn’t price themselves out of the market is because Bauer and True also raised prices. Sherwood’s top end sticks are $100 less than everyone else. At some point/price, people are going to have to rethink

[Lucky Pucker]

I’m not bothered; for me, CCM is something that happens to other goalies