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Author Topic: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co  (Read 1902 times)

Offline DOUG

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Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« on: January 30, 2015, 09:53:09 PM »
Shocker.  With Larry's fight against cancer,  there are a lot of things at play here.  If it's good for them,  fantastic.

http://tawallaccess.com/2015/01/30/transamerican-manufacturing-group-announces-acquisition-of-poison-spyder-customs/
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Offline Jeepster1407

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #1 on: January 30, 2015, 10:49:40 PM »
Wow!
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Offline gint2

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #2 on: January 30, 2015, 11:14:06 PM »
People usually put life in perspective when struck with an illness. They realize money ain't everything. Hope all parties find peace in this & their product stays true to what it always has been.
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JK-AJ

Offline Big Dave

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #3 on: January 31, 2015, 06:30:30 AM »
I was shocked when Clifton did the same back in 09 & he was in good health. Not real surprised Larry sold it.
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Offline tcdawg

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #4 on: January 31, 2015, 08:35:03 AM »

Quote from: Big Dave on January 31, 2015, 06:30:30 AM
I was shocked when Clifton did the same back in 09 & he was in good health. Not real surprised Larry sold it.

When he sold, weren't they underperforming though?  Larry has the company at a very high point now.

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Offline cru9

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #5 on: January 31, 2015, 09:49:31 AM »
I am glad I have all the PSC I want now. I hope quality doesn't change for the sake of the name. I know he says it won't but when your not the owner and sales quantity demands product faster they out source the labor.
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Bobby

Offline Danny Kinder

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #6 on: January 31, 2015, 11:27:21 AM »
They'll be building bumpers in China in 2 years... sellout
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Danny Kinder
HEISENBERG BUILD

Offline 94xjsport94

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #7 on: January 31, 2015, 11:29:09 AM »
^^ same thoughts.
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Will

94 seXj

Offline Bruce

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #8 on: January 31, 2015, 11:59:53 AM »
Wow, guess it's time to stock up on current inventory.

Sad day for the small (mid) biz, I like to support them when I can.
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Offline Trailabite

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #9 on: January 31, 2015, 02:06:38 PM »
Hopefully, with Larry staying on as the president of the company it will retain its status. If he steps down, that's when it will go down hill.
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Chuck & Sherry

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Offline BigMike

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #10 on: January 31, 2015, 02:27:33 PM »
Great for Larry and his family, bad for the brand.  PSC being sold by the same company that brings illustrious products like Rubicon Express and ProComp. 
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Offline DOUG

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Re: Poison Spyder sold to Transamerica/4 Wheel Parts Parent Co
« Reply #11 on: January 31, 2015, 02:37:18 PM »
Good for Larry!  Hope he made a fortune and got 7x ebita.

If it changes and there is a void in the market,  others will fill it. 

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