Kevin did you just make 40million?
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- Outsydlooknin75
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Kevin did you just make 40million?
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.
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?
Most companies when purchased go down hill, because they can't retain their core values and company philosophies that made them successful.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.
Hopefully not.
I was just about to post the same question.
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[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€
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€
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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?
Do you think .gov would offer federal bailouts for AR15 and suppressor makers?
Currently Enjoying these Hush-Sticks:
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AAC M4-2000 Mod '07
AAC Evolution .45
SWR Spectre
AAC 762-SD Mod '08
AAC M4-2000 Mod '07
AAC Evolution .45
SWR Spectre
A sad day indeed when the failure of big corporations is rewarded (i.e. bailouts) to the point that a large infusion of capital is seen as an omen of doom. May our free market rest in peace.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?
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.
BTW I have no info on this rumor and just giving my take on it.
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Could be your money Cerebus is using from the bailout of Chrysler.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.
Maybe the first thing they will do is require all AAC employees to drive PT Cruisers.
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Word around the industry campfire is that it's true.
I would certainly hope so. If true, I also would like to know if this affects the Silencer Shoot at all.BISHOP wrote:If it IS true will they honor the Branded For Life Promotion???
BISHOP
Last edited by WhiteBuffalo on Tue Aug 25, 2009 2:55 pm, edited 1 time in total.
- bombsqd318
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http://www.ar15.com/forums/topic.html?b=6&f=20&t=288929jakjakman wrote:Link?Mongo wrote:Well there is one thing that is certain, LaPoo is getting all butt hurt over this rumor.
http://www.ar15.com/forums/topic.html?b ... 894&page=2
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.hemi wrote:hmmmm........... anxious to hear from those who can't be named on the other forum.
Re: Kevin did you just make 40million?
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.BWT wrote:Most companies when purchased go down hill, because they can't retain their core values and company philosophies that made them successful.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.
Hopefully not.