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  Confluence WS acquired
  Posted by: medawgone on Apr-22-14 8:27 PM (EST)
 

-- Last Updated: Apr-22-14 8:30 PM EST --

Confluence WS has been acquired by another company. Hope it does not have the Johnson Outdoor effect.

http://www.wildernesssystems.com/news_item/index/news_and_events/news/h_whitney_capital_partners_llc_acquires_paddle_industry_powerhouse_confluence_watersports/


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Messages in this Topic

 

  O crap
  Posted by: kayamedic on Apr-22-14 8:31 PM (EST)
this is the sort of Great White Shark we ought to worry about.
 
 
  "Survival of the Fattest" rarely works
  Posted by: ezwater on Apr-22-14 10:54 PM (EST)
out for innovation.

But hey, both firms are corporations, so they'll have their Supreme Court blessing to say and do whatever they want.
 
 
  Yup
  Posted by: gremmie on Apr-23-14 7:10 AM (EST)
Buy a Mad River canoe and help a private equity guy build his seventh house maybe equipped with car elevator for his second floor garage. Long way from a canoe guy dreaming up a new design in his home garage. But the imperative for growth knows no bounds (until the earth says otherwise).
 
 
  Fishers of Yen
  Posted by: canoeswithduckheads on Apr-23-14 8:35 AM (EST)
-- Last Updated: Apr-24-14 7:52 AM EST --

North of Norwalks virus,
least that's what they're say'n,
folks there take the con,
infect its New Canaan,

not the one that Carole,
longed for gettin' back,
here other kings invested,
and little's there they'll lack,

a capitol of partners,
go fish in equities,
high on platforms expansion,
net worth in fallow seas,

and when they haul their harvests,
a trickle down of sharing,
from mansions of big fish,
piles on schools of red herring,

and when we take our supper,
its downstream in lesser boats,
Confluence of Fivemile River,
where kings' discharges float.

 
 
  its not as if
  Posted by: radiomix on Apr-23-14 9:26 AM (EST)
Confluence was a guy building canoes in his garage.
 
 
  Mad River
  Posted by: gremmie on Apr-23-14 3:17 PM (EST)
 
 
  When I bought my first MR canoe
  Posted by: ezwater on Apr-23-14 4:24 PM (EST)
in 1973, saying it was made by hand in a garage would have been close to the truth. Talked with Jim Henry on the phone to decide on the layup and fitting.

My '98 Synergy, while it had a few rough spots, still showed the effects of a lot of intelligence on the part of the makers.

So, we'll see.....
 
 
  Well at least
  Posted by: vic on Apr-23-14 3:28 PM (EST)
While a large corporation Confluence, at least arguably, was in business to make boats as well as money. The new owners care nothing about boats and only about making money.

I would not be surprised if not too further down the road J.H. Whitney Capital Partners, LLC sells the company off for parts a la Gordon Gecko; especially when they see what the extinction of Royalex does to Mad River canoe sales.
 
 
  I expect they've already
  Posted by: deuce on Apr-23-14 4:23 PM (EST)
considered the impact of the loss of Royalex on the market. There's still plenty of money to be made.
 
 
  I won't buy another kayak
  Posted by: Yakfisher on May-05-14 8:39 PM (EST)
-- Last Updated: May-05-14 8:40 PM EST --

at least not a new one. They have just gotten too pricey so I have started building my own boats. I am About to finish a CLC, Chesapeake, and I am getting ready to finish a One Ocean Cirrus LT Hybrid that someone else started building but never finished and gave me the incomplete boat.

Why would I want to pay upwards of $3,000 for a new sea kayak when I can build one in my garage for less than a third of that?

 
 
  do it yourself
  Posted by: jonsprag1 on May-09-14 10:54 PM (EST)
-- Last Updated: May-09-14 10:55 PM EST --

I went paddling a few weeks ago with a guy who built his own skin on frame kayak out of scrounched and hardware store materials---we paddled with a small group about 8 miles around the Goodwin Islands near the mouth of the York River in Chesapeake Bay--the boat was really impressive but he said that it had a tendancy to bury its nose in following seas--and he was going to fix it by adding a foot or so of length--interesting to see a fellow thumb his nose at commercially built craft--which he said were overpriced

 
 
  I know exactly who you are talking about
  Posted by: yakfisher on May-20-14 3:15 AM (EST)
-- Last Updated: May-20-14 3:26 AM EST --

but I can't remember the guy's name though. I have paddled with that group a couple of times last year when I ran into them on the Poquoson River. He shapes his own Greenland style paddles too. Once I asked him what kind of wood made his paddles from and he said "2x4s I buy from Home Depot."



 
 
  Who owns Whitney Capital ?
  Posted by: poleswithsoul on May-09-14 9:23 AM (EST)
Probably an arab oil conglomerate.
 
 
  Nope.
  Posted by: deuce on May-09-14 10:15 AM (EST)
Whitney Capital owns Whitney Capital. Here ya go.
http://www.whitney.com/firm-overview.html

 

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