Private Equity Experience

← Private Equity Experience19 Mar · 37 min

The $1.3 Billion Hook: Did Private Equity Ruin the World’s Best Fishing Brand?

The $1.3 Billion Hook: Did Private Equity Ruin the World’s Best Fishing Brand?19 Mar37 min

In this episode, we dive deep into the fascinating (and sometimes salacious) business of fishing. 🌊 We explore the journey of Simms Fishing, the iconic brand that went from a family-owned boutique in 1980 to a $1.3 billion private equity play. What happens when a brand built on craftsmanship and "Mom and Pop" loyalty scales for the masses? We discuss the recent retail boycott by small fly shops, the impact of the COVID-19 outdoor boom, and why professional guides are starting to ditch their f...