Hoo Boy…
Somethin’s happenin’ here. What it is ain’t exactly clear…
I just discovered that Four Wheel Campers has been sold to a San Francisco-based private equity firm, Salt Creek Capital, as of September of last year. That is ordinarily the death knell of a company where the assets are perceived as more valuable than the operating business and its potential profitability. Most such firms basically gut the company, selling off assets and laying off employees until the business is no longer viable and is forced to either close or merge with another firm that can use the name for token goodwill. It seems that Tom Hannigan, owner of Four Wheel for some 15 years, began to give some thought to retirement and, being a businessman, decided to cash out. I’d met him in May of 2016, and he struck me as a sincere and stellar individual. He as owner has been responsible for taking Four Wheel Campers from an okay Read more…
Strolling Amok 