Having worked in PE owned companies for the past decade, I have a different perspective. I've personally and professionally benefited from the investment that came with the PE ownership. The companies would not have grown and hired without that investment.

Equity firms don't buy businesses to make them better for the customer. The generally buy them to profit from dismantling them. Not unuslay for the third generation of a family business to be disinterested in continuing to run/own them. They have lived a nice life from their predecessors hard work and usually have no interest in it.

I worked at Jegs in the late 80's through the early 90's, and have friends working there to this day. I have never heard anything about Jeg buying the Ramchargers. Where did you hear that at? Trust me working there when Mail Order was just getting rolling, the only competition we paid any attention to was Summit, keeping in mind they were 2 hrs up the road.

I thought that was Livernois Motorsports but my memory is fuzzy. I remember they were briefly going to keep the Livonia one open but it closed as well, and is now a Indian/Victory powersports dealer.

I look for things to go down hill, but that's just my opinion. Hopefully they at least make the website easier to search for stuff, it's one of the worst places I shop at to find stuff.

But will they fix the horrible website?

looks like summit will be jacking up there prices now ....... if jegs close

What makes you think they are going to close?

I think that is the least likely outcome from their sale of the majority interest of their company.

"The Coughlin Family, which has successfully guided the Company's expansion across three generations, said, "After more than sixty years in business, our family was very focused on identifying a growth partner who shares our values and has a clear vision for the future of JEGS. We've found that partner in Greenbriar, and we look forward to remaining significant shareholders alongside them."

I don't think there is anything to worry about.

This is absolutely not a good move for us that buy the parts....

You can bet that a NY company that owns an aftermarket car parts company, it will have grave consequences for us end users.

NY hates car modifications. It hates people working on cars.. It attacks garages over vehicles they inspected and passed they do not feel should be on the road. No junkers, No hot rods, No lifted trucks, etc....Its always coming up with new laws to hurt car modifications....Cruise nights outright banned or policed to the point of not going....NY SUCKS!

It is a gestapo state with a nasty agenda, and they hate anything fun....Mark my words, they will kill that business slowly but surely.


https://www.bizjournals.com/columbus/news/2022/02/24/jegs-acquired-by-greenbriar-equity-group.html

Ahhhhhh , Jeeze.
We all have to wait and see , but not many of these acquisitions lead to enhanced products or support or service.