Kevin did you just make 40million?

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Outsydlooknin75
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Kevin did you just make 40million?

Post by Outsydlooknin75 » Mon Aug 24, 2009 11:25 pm

Curious about the rhumor that is floating around on a couple of boards to remain nameless.

Seems that the rhumor floating around is the Cerebrus just bought AAC for 40 million. Any truth to that statement and if so what does that mean for future products and support of the local shooting enthusiasts. Does that mean that AAC cans won't be produced in Norcross any more?
I've currently got a Lilburn address can, a Norcross address can, I don't know what I'll do if there is a different address can to buy in the future.

And 40 mil seems cheap to me.
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Re: Kevin did you just make 40million?

Post by BWT » Mon Aug 24, 2009 11:33 pm

Outsydlooknin75 wrote:Curious about the rhumor that is floating around on a couple of boards to remain nameless.

Seems that the rhumor floating around is the Cerebrus just bought AAC for 40 million. Any truth to that statement and if so what does that mean for future products and support of the local shooting enthusiasts. Does that mean that AAC cans won't be produced in Norcross any more?
I've currently got a Lilburn address can, a Norcross address can, I don't know what I'll do if there is a different address can to buy in the future.

And 40 mil seems cheap to me.
Most companies when purchased go down hill, because they can't retain their core values and company philosophies that made them successful.

Hopefully not.

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Post by millo2115 » Tue Aug 25, 2009 12:00 am

I was just about to post the same question.
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Post by ArevaloSOCOM » Tue Aug 25, 2009 2:41 am

[quote]Rumor Mill: Did Cerberus just acquire silencer/sound suppressor company Advanced Armament Corp. (AAC) for $40 million (40M)?
By David Crane
defrev (at) gmail (dot) com

August 24, 2009

DefenseReview has just received an email communication from a trusted industry source/contact that it appears that Cerberus Capital Management, L.P. has just acquired, or is in the process of acquiring, silencer/sound suppressor manufacturer Advanced Armament Corp. (AAC) for $40 million (40M). Right now, Defense Review is classifying this information as a rumor / uconfirmed/unverified report, since we have not yet been able to confirm this information.

DefenseReview’s industry source’s point about Cerberus’ seeming attempt to “complete a full circle on small arms platformsâ€
NFAtalk.org

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Post by paco ramirez » Tue Aug 25, 2009 3:35 am

Ha! He said Borg :lol:

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Post by BISHOP » Tue Aug 25, 2009 11:22 am

If it IS true will they honor the Branded For Life Promotion???


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Post by Cortland » Tue Aug 25, 2009 12:06 pm

Let's hope not.

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Post by TOOL1075 » Tue Aug 25, 2009 12:09 pm

:lol:

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Post by powderburn » Tue Aug 25, 2009 12:21 pm

I hope its not true...last thing this industry needs is some big faceless corporation buying up all these great companies and potentially driving em into the ground...

Do you think .gov would offer federal bailouts for AR15 and suppressor makers? :P
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renegade
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Post by renegade » Tue Aug 25, 2009 12:49 pm

powderburn wrote: faceless corporation buying up all these great companies and potentially driving em into the ground...

That bother me too.

We had two good gun stores in the area bought by one person, and then he burned them to the ground. Now we have two less gun stores.

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Post by jakjakman » Tue Aug 25, 2009 1:53 pm

powderburn wrote:I hope its not true...last thing this industry needs is some big faceless corporation buying up all these great companies and potentially driving em into the ground...

Do you think .gov would offer federal bailouts for AR15 and suppressor makers? :P
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Post by Mongo » Tue Aug 25, 2009 2:01 pm

Well big corporations or in this case investment groups can also mean more R&D dollars as well as access to larger government contracts.

BTW I have no info on this rumor and just giving my take on it.
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Post by pneumagger » Tue Aug 25, 2009 2:17 pm

Maybe they'll put out the blackbox...
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Post by seacoastnh » Tue Aug 25, 2009 2:19 pm

Mongo wrote:Well big corporations or in this case investment groups can also mean more R&D dollars as well as access to larger government contracts.

BTW I have no info on this rumor and just giving my take on it.
Could be your money Cerebus is using from the bailout of Chrysler.

Maybe the first thing they will do is require all AAC employees to drive PT Cruisers.

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Post by mac man » Tue Aug 25, 2009 3:06 pm

I hope it is nothing more than a false rumor.

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Post by WhiteBuffalo » Tue Aug 25, 2009 3:40 pm

Word around the industry campfire is that it's true.
BISHOP wrote:If it IS true will they honor the Branded For Life Promotion???


BISHOP
I would certainly hope so. If true, I also would like to know if this affects the Silencer Shoot at all.
Last edited by WhiteBuffalo on Tue Aug 25, 2009 3:55 pm, edited 1 time in total.

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Post by Mongo » Tue Aug 25, 2009 3:55 pm

Well there is one thing that is certain, LaPoo is getting all butt hurt over this rumor.
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Post by bombsqd318 » Tue Aug 25, 2009 4:29 pm

If it IS true will they honor the Branded For Life Promotion???

Oh geesh, I see storm clouds on the horizon over this, the natives will get out the torches and pitchforks, time for a FAC to call in JDAM
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Post by jakjakman » Tue Aug 25, 2009 4:38 pm

Mongo wrote:Well there is one thing that is certain, LaPoo is getting all butt hurt over this rumor.
Link?

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Post by Jmark » Tue Aug 25, 2009 4:45 pm

jakjakman wrote:
Mongo wrote:Well there is one thing that is certain, LaPoo is getting all butt hurt over this rumor.
Link?
http://www.ar15.com/forums/topic.html?b=6&f=20&t=288929

http://www.ar15.com/forums/topic.html?b ... 894&page=2

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Post by USMC_2674 » Tue Aug 25, 2009 4:57 pm

Mongo wrote:Well there is one thing that is certain, LaPoo is getting all butt hurt over this rumor.
He is always butthurt when it comes to AAC.

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Post by hemi » Tue Aug 25, 2009 5:02 pm

hmmmm........... anxious to hear from those who can't be named on the other forum.

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Post by jakjakman » Tue Aug 25, 2009 5:07 pm

hemi wrote:hmmmm........... anxious to hear from those who can't be named on the other forum.
Well, from experience with the splitting and subsequent consumption by an investment corporation of the company I work for, I doubt we'll hear any information from the AAC guys until it's an official announcement. But that's just speculation on my part.

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Post by D9M9TR9S » Tue Aug 25, 2009 5:07 pm

pneumagger wrote:Maybe they'll put out the blackbox...
:lol: :lol: :roll:

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Re: Kevin did you just make 40million?

Post by pdemos » Tue Aug 25, 2009 5:29 pm

BWT wrote:
Outsydlooknin75 wrote:Curious about the rhumor that is floating around on a couple of boards to remain nameless.

Seems that the rhumor floating around is the Cerebrus just bought AAC for 40 million. Any truth to that statement and if so what does that mean for future products and support of the local shooting enthusiasts. Does that mean that AAC cans won't be produced in Norcross any more?
I've currently got a Lilburn address can, a Norcross address can, I don't know what I'll do if there is a different address can to buy in the future.

And 40 mil seems cheap to me.
Most companies when purchased go down hill, because they can't retain their core values and company philosophies that made them successful.

Hopefully not.
Yeah what ever, get out while the getting good. I don't blame them at all, are you kidding 40 million I'd be gone. I think we are in for some serious changes and if I could get out I would.

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