Vision Investments, LLC Announces the Acquisition of Palm Beach Motoring Group

Re: Big announcement today!

Hope Mr. George will treat the PBMG as well as Bob has all these years. Congrats to Bob for building a 1st class business.
 
Re: Big announcement today!

I remember buying directly from Bob McKee in a little office before autogeek is what it is today.Have some fun Bob.
 
Re: Big announcement today!

Just so I understand that...the McKee's brands will no longer be part of the PBMG family? Bob will be taking those as a separate, unrelated entity? Will they be headquartered elsewhere? I presume PBMG will still be selling those brands?
Yes Bob will take those two brands but PBMG will sell them for Bob, Bob is not moving far, he will be in the same building, just a different bay.

wow, i don't know what to think at the moment as change can be unforeseeable. hope in the long run nothing changes and everyone who currently works at PBMG is treated the same and continue to be happy. the employees are what make the business (or at least one main/huge reason) successful...
I can guarantee you there will be no changes on how people are treated.

Hope Mr. George will treat the PBMG as well as Bob has all these years. Congrats to Bob for building a 1st class business.
Anyone that knows Tony George will tell you he is a gentleman, great man, very kind and generous, we are happy to be working for him.
 
Re: Big announcement today!

Yes Bob will take those two brands but PBMG will sell them for Bob, Bob is not moving far, he will be in the same building, just a different bay.


I can guarantee you there will be no changes on how people are treated.


Anyone that knows Tony George will tell you he is a gentleman, great man, very kind and generous, we are happy to be working for him.

there could be changes on the wolfgang and pinnacle lines though? the guy is taking over because he wants to make profit. how long before he wants to find a way to make the pinnacle and wolfgang products cheaper to produce? i hope it doesnt happen but id bet money there will definitely be some changes...
 
Re: Big announcement today!

Congrats to Phil on building such an outstanding company and welcome to Mr. George!
 
Re: Big announcement today!

there could be changes on the wolfgang and pinnacle lines though? the guy is taking over because he wants to make profit. how long before he wants to find a way to make the pinnacle and wolfgang products cheaper to produce? i hope it doesnt happen but id bet money there will definitely be some changes...

There will be NO changes to the products.
 
Re: Big announcement today!

I hope for all the employees sake nothing changes but I've been through a buyout from a single person owner to a corporation and it never turns out good. Remember it's all about money and profit. good luck to the new venture though. I'll still buy as long as the customer service and prices remain.
 
Re: Big announcement today!

I believe nothing will change on our (consumer) end of things. Thanks for letting us know Meghan!
 
Re: Big announcement today!

Most buyouts start out with "nothings gona change" so as to not raise any sirens or create any panic. As the months go by change inevitably starts creeping in... Worked 16 years in Corporate and one of those companies a fortune 500, so know all too well from experience. Bet we gona see a whole lot of Sonax being pushed through giveaways and reviews now too.

In anycase, well wishes to all involved, the worlds changing.
 
Re: Big announcement today!

Didn't Tony George almost single handedly destroy open wheel racing?
 
Re: Big announcement today!

Wow... That is a HUGE announcement.

Congrats! Hopefully this will be similar to how 3M operates with Meguiars. Just acting as a holding company (for a lack of better/more detailed terms), and let PBMG still do what they've been doing for years... Develop great products and maintain industry leading customer service!
 
Re: Big announcement today!

Yes Bob will take those two brands but PBMG will sell them for Bob, Bob is not moving far, he will be in the same building, just a different bay.


I can guarantee you there will be no changes on how people are treated.


Anyone that knows Tony George will tell you he is a gentleman, great man, very kind and generous, we are happy to be working for him.

I hope this isn't too far in the weeds as far as a question, but I know (I think?) that you and Mike Phillips have mentioned Bob's leadership, inspiration, and support...does Terry Angstadt take over that role, and if so, what does that change feel like? Or is it you or Jason or Nick who is stepping into that leadership role?
 
Re: Big announcement today!

To answer some questions Terry has actually been with us for last three months, he will be our leader moving forward and he is a great guy to work with I promise you.
So if you thought there was going to be a bunch of changes then look back at the last three months, if you didn't notice then answer is no! :)
 
Re: Big announcement today!

Congrats to all! It has been amazing to see how the company has grown and I'm excited to see what the future holds! Hopefully we still have Detail Fest :)
 
Re: Big announcement today!

To answer some questions Terry has actually been with us for last three months, he will be our leader moving forward and he is a great guy to work with I promise you.
So if you thought there was going to be a bunch of changes then look back at the last three months, if you didn't notice then answer is no! :)
Good to hear Meghan, IMHO, you, Mike and Nick are the back bone of the company, it just wouldn't be the same without you all. Just saying��
 
Re: Big announcement today!

Most buyouts start out with "nothings gona change" so as to not raise any sirens or create any panic. As the months go by change inevitably starts creeping in... Worked 16 years in Corporate and one of those companies a fortune 500, so know all too well from experience. Bet we gona see a whole lot of Sonax being pushed through giveaways and reviews now too.

In anycase, well wishes to all involved, the worlds changing.

Having worked business deals for 20 years, this is spot on. Of course "something" is going to change, otherwise there would be no reason for the acquisition. New owners ALWAYS have some different ideas, methods etc from prior owners. Profit motives also change. This is not meant as a negative or a positive, simply there are changes in all business deals.
 
Re: Big announcement today!

There will be no staff changes, Vision is very happy with the way the company is running and the fabulous customers we currently have. Do not expect to see any changes on your end we are here for you like always!

You could always bring back that guy named Tim to work at AUTOGEEK.He can fill a bottle of the finest quality car care products with near precise measurements and speed as anyone.Plus as an added bonus his years of training under Mike Phillips would allow him to use the floor polisher equivalent to the Flex 3401 should the floors find themselves with random swirls, scratches, holograms, RIDS, water spots, oxidation, ect. It would be my understanding that he might be available for some part time producing.
 
Re: Big announcement today!

To answer some questions Terry has actually been with us for last three months, he will be our leader moving forward and he is a great guy to work with I promise you.
So if you thought there was going to be a bunch of changes then look back at the last three months, if you didn't notice then answer is no! :)

Ok, well, that kind of answers some other questions, as well. Glad you and Jason were able to work out whatever went on a year ago.
 
Re: Big announcement today!

LAS VEGAS, NV--(Marketwired - November 02, 2016)
-Vision Investments, LLC, is pleased to announce
the acquisition of Palm Beach Motoring Group.

Terry Angstadt has been appointed
Managing Consultant of PBMG.

"I'm looking forward to the further
development of this group of brands
and activities," said Mr. Angstadt.

"There is a strong and experienced
team in place including:
Meghan Poirier, Jason Sierra, Mike Phillips and Nick Rutter."
IMG_1565.JPG


^^^^ :dblthumb2: ^^^^


Bob
 
Re: Big announcement today!



IMG_1565.JPG


quote_icon.png
Originally Posted by Meghan

LAS VEGAS, NV--(Marketwired - November 02, 2016)
-Vision Investments, LLC, is pleased to announce
the acquisition of Palm Beach Motoring Group.

Terry Angstadt has been appointed
Managing Consultant of PBMG.

"I'm looking forward to the further
development of this group of brands
and activities," said Mr. Angstadt.

"There is a strong and experienced
team in place including:

Meghan Poirier, Jason Sierra, Mike Phillips and Nick Rutter."^^^^ :dblthumb2: ^^^^


Bob

I like how your name (Meghan) is mentioned first. You just rejoined AG and this acquisition was already in the works.
 
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