They all leave big guys. RV start up founders just don't come from nowhere they leave big guys to do their own thing
Randy Graber the founder of Open Range left a big guy to start Open Range.
Coley and Ryan are no different they will maintain their independence as long as their cash flow holds out.
What tends to happen is there is eventually a cash crunch. The start ups require cash to keep up with their success. More models are introduced, production increases, more capital is required to keep up with it all.
Open Range, and Gran Design were once startups determined to build a better mouse trap...and they did.
But eventually the cash crunch came along and a Goliath gobbled them up.
Brinkley and Alliance are now the new kids on the block. They are building that better mouse trap.
Let's hope there capital can keep up with their production.
I was sort of blind sided when my start up RV company was gobbled up. But I am aware this time.
I knew I was taking a chance buying a RV from a relatively new company, because I have experienced the saga of owning an orphaned RV.
You are correct there is no guarantee Alliance will be purchased, but I won't be shocked if it happens. There are simply not many stand alone RV companies, they are all part of a conglomerate.
- Thor Industries: Thor has acquired many RV companies, including:
- Airstream: Purchased in 1980
K-Z Inc.Purchased in 2014
Cruiser RV and DRV: Purchased in 2015
Postle Aluminum: Purchased in 2015
Jayco: Purchased in 2016
Hymer: Purchased in 2019
Tiffin Motorhomes: Purchased in 2020
Airxcel: Purchased in 2021
Goshen Coach: Acquired to expand its holdings in the small and mid-size bus industry
- Winnebago Industries: Acquired Newmar and Grand Design
Forest River: Acquired Coachmen, Dynamax, and Flagstaff
Berkshire Hathaway: Acquired Forest River