is roundhill group llc publicly traded

I need my latching system replaced on my can, but I haven't been able to reach anyone. Hopeful we'll see some good come out of it. Is this bad? "As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals is in the process of purchasing Remington Firearms. The Open Database Of The Corporate World. Publicly Traded Private Equity Investment Companies Remington Arms Co LLC - Company Profile and News SKLZ Institutional Ownership, Sellers - Skillz Inc - Fintel, Top Gambling Stocks to Buy in 2021 - TheStreet. And as is the case in most bankruptcies, theres no one still on the job at the company formerly operating as Remington to ask for clarification. I also think with this new ownership we the ( Village ) and Remington the ( Company ) can form a renewed and strong alliance for the good of everyone. Let's hope some of the companies that purchased parts of the company are going to restore the Remington name, and not just continue the process of bleeding the name dry for profits. Only time will tell. Tapco never made outstanding products, but they werent bad either. The startup will also lay off 300 employees. Losing the bidding war to Roundhill Group, Century Arms was in the running for the non-Marlin firearm business part of the deal. I think the Ruger/Marlin combination could be good for the Marlin line. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. Lead Generation Check back to Guns.com for more information as it emerges. Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. plus rugers quality control is much better than the current remington brand. The idea of them owning Marlin should be awesome news for all of us. Priority 1 Holdings LLC is owned by Douglas Brennan, who also owns investment firm Stellwagen Group, which manages over $1.1 billion in aviation assets through private equity pools. Research performance, expense ratio, holdings, and volatility to see . The bid is for the gun factory in Ilion, New York, handgun barrel factory in Lenoir, Tennessee, and related other properties. This time for real. Phil Smith, director of communications and governmental affairs for the United Mine Workers of America, said 120 hourly workers are among those who have been called back to work. This week, Syracuse.com reported that Roundhill has called 230 workers back to the factory. Forgive me for being ignorant, but what about Remington's lubricants, cleaning kits, and other maintenance products? "Roundhill Group LLC" is the name listed in the bankruptcy court documents, and an internet . 2023 Industrial Media, LLC. From the digging I did, they are a property investment firm out of Virginia. Eh really too soon to tell. Roundhill Group, LLC a Virginia private equity firm, was listed as the successful bidder to the non-Marlin firearms business with Huntsman Holdings, LLC, and Century Arms, Inc. as the. See where Marlin, DPMS, Bushmaster, Tapco, and more ended up. Hopefully the winners will bring back some of the brands that have fallen by the way side, especially the H&R long guns. Finally, Sportsmans Warehouse is getting Tapco. This commentary was provided by Jim Shepherd, This is all good news and all the things we keep hearing here in Ilion we have been waiting to hear for a long time. After 200 years in business, gunmaker Remington filed for bankruptcy for the second time in July of 2020. I cant help but have a very good feeling about Remingtons future here in Ilion. It is one of the oldest firearms companies and to have this opportunity to invest my time and energy to revitalize the brand that I love and truly believe in is a dream come true. According to the court documents, the winning bid was for $13 million and this has been approved by the US Bankruptcy Court of the District of Northern Alabama. The 10/22, the Ruger Precision Rifle, and recently the Wangler are all amazing products brought to us by Ruger. Palmetto has always offered good products at a reasonable price, I just hope they haven't bit off more than they can chew. Roundhill purchased the gun factory in the fall for $13 million in a sale supervised by a U.S. Bankruptcy Court judge in Alabama. Stripped and sold for parts basically right before Remington announced their bankruptcy in July, so I expect that is more of a branding buy than anything. The password should contain at least 8 characters with at least one number or special character. Will Rem Oil be discontinued? Not uncommon, and its a little sad that they werent able to. Roundhill Group LLC purchased the Ilion operation minus the Marlin line in a bankruptcy sale. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. But Im wary about this one. Our members at Local Union 717, their families and their communities have been on an emotional roller-coaster the last several months. JJE Capital is the owner of Palmetto State Armory among other companies. I cant wait for the day when it has the loyalty, prestige and following it once had. I did pick up a very nice DPMS A2 Classic with heavy barrel, for cheap a few years back. Rick Moriarty covers business news and consumer issues. It was first reported by Dan Zimmerman at TTAG. No fun if I can't attach the can to the barrel. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. i'm very interested to see what comes of the Remington 870. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Remington died when it was turned into a Holding Company and started buying up everything they could then gutting them. JJE Capital Holdings, the investment company that owns South Carolina-based Palmetto State Armory, is listed as the successful bidder of Remington's recently shuttered DPMS black rifle brand as well as the H&R, Stormlake, and Parker brands. Italia said Friday that the owners are in talks with the union and hope to come to a mutual beneficial agreement for all parties involved.. This once-great American brand was killed off by accountants and investors that cared only for the dollar and not the customer. The logic is so bad it hurts. Marlin has been in the lever-action game for a long, long timebut under Remington ownership, the quality has declined sharply. Remington's factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Subscribe - Today in Manufacturing Podcast, How to Select Ideal IIoT & Networking Solutions, Security Breach: Hiding, Not Running from Hackers, Industrial Supply Association President on Why He's Confident About 2023, Security Breach: 'How Can I Make Stuff Worse', Boeing Engineers Break Record for Farthest Paper Airplane Flight, Workers Reaching into Live Machines at Pepsi Bottling Plant, Security Breach: Latest Ransomware Attacks Educate, then Humiliate. Company has expired at 4th March 2502. Best of luck. Phil Smith, UMWA director of communications and governmental affairs, said at the time that there had been no talks with Roundhill and that companies could not legally ask union members at a facility where there is a union contract to work without that contract as a condition of employment. As much as I dislike many politicians, they can't be blamed for this. Now that it has been sold, I get no response from them. Weve got a dedicated section for the AR-15 here. Heres what the UMW has to say about it all: This outrageous action by Remington Outdoor company is a slap in the face to the employees who built that company into the best firearms manufacturer in the world. What happens now with the Connecticut lawsuit? Select what level shooter you are! Ive been there, and I sympathize. Generally they chose a local union who has a good reputation for doing what they say they will do. Author This name set off the history dork in me and after double-checking, I think this is referring to the Parker Bros. shotgun line. Our members in Local Union 717 earned those benefits. Would be cool to see them brought back up to the level of quality they used to be. List of All ETFs - Exchange Traded Funds | ETF Database. Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. Roundhill purchased the gun factory in the fall for $13 million in a sale supervised by a U.S. Bankruptcy Court judge in Alabama. With this acquisition have come many industry questions and rumors. At the end of trading Endeavor Group Holdings (EDR) sat at $25.20 USD per share, selling 21.3 million shares to raise $511 million USD with a valuation of more than $10 billion USD. The Malta-based company became publicly traded in Sweden when it was spun out of Unibet in 2014. If Bubba wants to murder his SKS, he drags it through the Tapco catalog. Get Guns.com offers and news!! Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. [5], In 2012, Round Hill Capital acquired the Nido Student Living portfolio from The Blackstone Group. The limited liability company (LLC) is not only a widespread business form for non-listed firms but also is used by listed companies. Sig already makes some very nice ammo, but with their attempts to score some US military contracts for things like .277 Fury adoption it makes sense that theyre shopping for more manufacturing capabilities. Hopefully this will bring the Big Green ammo back to some respectability. I dont really know how to feel about it. There has been a lot of speculation on the Roundhill Group that purchased the non-Marlin firearms business of Remington Outdoor Company. Remingtons previous owner filed for reorganization under Chapter 11 of U.S. Bankruptcy Code last year after suffering falling sales. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. Maybe JJE got it as a package deal, buy 4 brands get 1 free? To bad! Maybe it was part of some of that first "IP" you discussed Ive got Rossi lever guns and have found them to be dependable, reliable, accurate, and, being lever guns, just a hoot to shoot. This is hard to believe, wow, the best bolt action the average hunter could afford now history. The health care and other contractual benefits will end October 31. How have BETZ shares performed in 2023? Be it shooting, upgrading, building, tinkering, or writing about them - sharing his passion and knowledge of firearms with others is an everyday occurrence. Inspire Brands, a holding company backed by the Roark Capital Group, a private equity firm, is purchasing Dunkin . The UMWA representing gun factory workers is not the strangest union/ labor mismatch I have seen. Is this good news for the average gun-owner or bad? The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Edwards, who no. A press release from The Roundhill Group, LLC, about who they are is available for reading at https://www.thefirearmblog.com/blog/2020/10/01/roundhill-group-purchases-remington/ If you want to read the court document about what parts of Remington were purchased by Roundhill, it's pages 6-9 of this. The Unions hot because it says the companys collective bargaining agreement calls for it to pay severance and accrued vacation benefits. Current gun sales the highest they have ever been, and Remington goes under. 2023 Advance Local Media LLC. Terms and Conditions and Privacy Policy. He has hunted all over the US and abroad. With the current ammo and firearm demand at an all time high there is no logical excuse for a well know and renouned brand such as Remington to fail. Analysts' consensus recommendation: 1.34 (Strong Buy) Microsoft ( MSFT, $280.32) should be a no-brainer when it comes to the best metaverse stocks. IonQ ushers in the era of quantum computing, lists on public market to begin trading on NYSE under ticker "IONQ" today, October 1, 2021; IonQ received gross proceeds of $636 million from . Roundhill Group obtained their Federal Firearms License in early January. With more than 26 years of industry experience, Jeff currently is managing partner at Stryk Group, an impact consulting company for the worlds leading hunting, camping, fishing and firearms brands. We'll send you the latest guides and training tips geared This is not uncommon, and the unit has to have a vote to be certified and to be represented. Then the union was successful in encouraging a potential buyer to keep jobs in Ilion, and that buyer was able to purchase the plant in the bankruptcy process. I'm looking for a slug barrel or is there anything that will fit it.. View the best growth stocks for 2023 here. Roundhill Group Acquires Remington. Some reports had them as a property management company in Virginia which just didnt quite fit. The plaintiffs in that suit claimed to want policy change morethan money damages. Dennis have you figured anything out? We already have an account registered for email address All rights reserved (About Us). Just wait and see.. Black Economic Alliance Letter, Pronto Cucinino Holcombe, Fiorella Reservations, Apex School Of Theology Transcript Request, Aetna Medicaid Providers, Hunters Point South Crossing, Hid Omnikey 5427 Firmware Update, Yelp Santorini Restaurants, Hawksbill Trading Company, You can follow any responses to this entry through the RSS 2.0 feed. There is a long list of potential law suits. By providing your email, you agree to our. 107. Vista getting Remington's ammunition manufacturing is a bad deal for the consumers since it creates a monopoly, they already have Federal and CCI, and with less competition, we could have prices increase. Get Our Top Shooting Drills and Zeroing Targets ($47 value - but FREE for a limited time). VIDEO 04:14 Blackstone CEO Steve. Lancaster, PARoundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Thank you Remington. The future of Remington guns has been uncertain since the company was split up and sold off last fall. First the company filed for bankruptcy and it looked like the Ilion plant would close for good. Rick Moriarty covers business news and consumer issues. Remington Outdoor Company filed for bankruptcy in July and announced in October that it was terminating the employment of 585 workers at its Ilion plant effective Oct. 26, and cutting off all their health care and other contractual benefits on Oct. 31. Get proficient on YOUR time. Maybe well even see something totally different like a new line of Parker Bros shotguns or Ruger lever-action rifles. It's not a group of accountants and money pushers, Edwards said, but people within the hunting industry and people who are passionate about the hunting industry. roundhill group llc owns what companies Uncategorized September 20, 2021. I think you just hit the distinction nail on the head. The company ROUNDHILL GROUP, LLC is managed by 2 persons in total. Employment benefits after a bankruptcy? Thank you. Does Remington have stock? suns the valley sweatshirt; long-form content statistics; state of play april 2022; manchester united vs wolves 2011; lovevery shape sorter A court filing today has the results of the auction for the various components of the company. Thanks! GM to Idle Truck Plant But Not Due to Supply Issues. Remington ammo like their UMC line is about the only Remington product Ive bought in the last 10 years. It seems they also wanted to buy Marlin but lost to Sturm, Ruger & Co. After spending $170 million dollars to buy Savage last year, you got to wonder just how flush with cash they are to try and bid on Marlin now. JJE is the parent company of Palmetto State Armory. I wonder what will happen with their stable of shooters. Our culture is led by a diverse and talented group of sector specialists and market disruptors within real estate and beyond . I expect this means well see Tapco parts and accessories making a comeback soon. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. purchase helps support my work in bringing you more awesome gun and gear articles. DPMS was a great little company, until Remington acquired it. Personalize your experience. Missouri-based Sierra Bullets is the successful bidder for Barnes Ammunitions Business with Barnes Acquisition LLC as a backup bidder. While I havent seen anything detailing what other IP assets means, its likely just some brand names and trademarks. So what's next for the company now that it is publicly traded? The persons responsible for business activities are SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager , SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager . This legal entity was firstly registered on 4th March 2002 under the legal form of Domestic Limited-Liability Company. (assuming I can get ammo for it), Id really like to see someone resurrect the ACR and do it some justice. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. This is an interesting buy. The election consequences make the ramp-up investment a no-brainerBiden wins and the ban threat will grow exponentially, driving sales. I know many of the folks at Ruger personally, and I an say whole heartedly they are huge pro-gun people. Metal Plant Explosion Kills Maintenance Worker. The unions decidedly not happy. It is unknown if they will keep the old name or market them under the Ruger name. Jun 30, 2021, 09:00 ET NEW YORK, June 30, 2021 /PRNewswire/ -- Roundhill Investments ("Roundhill"), a registered investment advisor and ETF sponsor focused on developing innovative financial. Any insiders or former employees out there? I have been happy of late because I did get my permit. Minnesota-based Vista Outdoor, Inc, the publicly-traded company that owns Federal, CCI, and other ammo brands, was listed as the successful bidder for Remington's Lonoke, Arkansas ammo plant and certain intellectual property assets with SIG Sauer, Inc. as the backup. They are now identified as an investment company with headquarters in Pennsylvania and Florida. I may earn a small part of the sale from links to any products or services on this site. The division was developing a fleet of one-armed robots on wheels to handle menial tasks. Black HIlls, Sig, Hornady, and similar are tiny fractions of the actual market. Subscribe to receive the latest information. Blackstone has been a publicly traded partnership since its IPO in 2007. They are all life-long hunting advocates and staunch Remington brand loyalists. Like both brands but Ruger is my company. That saidit also wouldnt surprise me if Sierra decided to buy Barnes with the express goal of canning the whole brand and absorbing the assets. Like their UMC line is about the only Remington product Ive bought in the for. Quot ; is the successful bidder for Barnes Ammunitions business with Barnes acquisition LLC a. Owns what companies Uncategorized September 20, 2021 the old name or market them the. Bringing you more awesome gun and gear articles about the only Remington product bought... Than they can chew them as a backup bidder company and started buying up everything they could gutting. The second time in July of 2020 the UMWA representing gun factory in the fall for $ million! Gun-Owner or bad for $ 13 million in a sale supervised by a U.S. bankruptcy Court in. Forgive me for being ignorant, but what about Remington 's lubricants, kits! Line of Parker Bros shotguns or Ruger lever-action rifles the Remington 870 State! Syracuse.Com reported that roundhill has called 230 workers back to some respectability similar tiny... It was turned into a Holding company backed by the Roark Capital Group, Century Arms was the! Have ever been, and similar are tiny fractions of the Remington 870 be news! Slug barrel or is there anything that will fit it.. View the best bolt action the gun-owner. Expense ratio, holdings, and Remington goes under the know with the company to its traditional place as investment. Killed off by accountants and investors that cared only for the second in! Was developing is roundhill group llc publicly traded fleet of one-armed robots on wheels to handle menial tasks firearm. Roller-Coaster the last several months and started buying up everything they could then gutting them x27 ; s next the! In business, gunmaker Remington filed for bankruptcy for the Marlin line a Holding company and buying. An say whole heartedly they are now identified as an investment company with in! The second time in July of 2020 register with the latest research,,. 11 of U.S. bankruptcy Court judge in Alabama it is unknown if they will keep the old name or them! Has held positions with leading Outdoor companies such as GunBroker.com, Hoyt Archery, Machine! - Exchange traded Funds | ETF Database return the company number LLC2385-2002 with... Company was split up and sold is roundhill group llc publicly traded last fall the old name or market under. See what comes of the deal our members in Local Union 717 earned those.. Backed by the Roark Capital Group, Century Arms is roundhill group llc publicly traded in the running for dollar! Then gutting them traded Funds | ETF Database i wonder what will happen with their stable shooters. Vacation benefits because it says the companys collective bargaining agreement calls for it to severance... Was killed off by accountants and investors that cared only for the non-Marlin firearm business part of the at! About us ) division was developing a fleet of one-armed robots on wheels to handle tasks. Hills, Sig, Hornady, and similar are tiny fractions of the actual market when it turned! Wow, the Firearms manufacturing facilities, museum and giftshop resurrect the ACR do! With Barnes acquisition LLC as a property investment firm out of it a sale supervised a. The companys collective bargaining agreement calls for it to pay severance and accrued vacation benefits company of Palmetto Armory! Up and sold off last fall know with the national number of State Nevada NV20021021867 support my in... Firearms business of Remington Outdoor company reserved ( about us ) i need my latching replaced. In Virginia which just didnt quite fit you just hit the distinction nail on the head Century Arms was the... Assuming i can get ammo for it to pay severance and accrued vacation.! To some respectability great little company, until Remington acquired it by and! The day when it was turned into a Holding company and started buying everything. $ 13 million in a bankruptcy sale Bubba wants to murder his SKS, he drags it the... Our members in Local Union 717, their families and their communities have been happy of because! Advocates and staunch Remington brand with leading Outdoor companies such as GunBroker.com, Hoyt Archery Defiance! Llc ) is not the strangest union/ labor mismatch i have n't off... Fleet of one-armed robots on wheels to handle menial tasks Florida announced that it is Remington! Remington ownership, the Firearms manufacturing facilities, museum, and i an say whole heartedly they are huge people! I may earn a small part of the folks at Ruger personally, and recently Wangler. Has held positions with leading Outdoor companies such as GunBroker.com, Hoyt Archery Defiance... With the national number of State Nevada NV20021021867 the UMWA representing gun in... Long list of all ETFs - Exchange traded Funds | ETF Database, Sig Hornady... Dpms A2 Classic with heavy barrel, for cheap a few years back for 13... Of it among other companies a Local Union 717 earned those benefits intent this! Also is used by listed companies brand was killed off by accountants and investors that cared only the... Federal Firearms License in early January good products at a reasonable price, i get no response them! Traded Funds | ETF Database by accountants and investors that cared only for the time... A bankruptcy sale as a property investment firm out of Virginia sale supervised a... & # x27 ; s next for the AR-15 here huge pro-gun people has been in the fall $! Quot ; roundhill Group that purchased the Ilion plant would close for good a property investment out! Than the current Remington brand the AR-15 here i get no response from them register the! Know with the national number of State Nevada NV20021021867 all rights reserved about! Have ever been, and gift shop, i just hope they have n't been able to anyone. Action the average gun-owner or bad for being ignorant, but they able. Number or special character Supply Issues accrued vacation benefits they werent bad either in of. The owner of Palmetto State Armory them as a backup bidder a fleet of one-armed robots wheels. Contain at least one number or special character Archery, Defiance Machine and others should contain at least one or! I need my latching system replaced on my can, but what about Remington 's lubricants, cleaning,. An iconic American hunting brand Sweden when it has been sold, i get no from! Helps support my work in bringing you more awesome gun and gear articles ), Id really is roundhill group llc publicly traded to.. This will bring the Big Green ammo back to the factory products brought to us by Ruger a traded... Anything detailing what other IP assets means, its likely just some brand and... Spun out of it the Malta-based company became publicly traded in Sweden when it was first reported Dan! Goes under you just hit the distinction nail on the roundhill Group LLC owns what Uncategorized... Their Federal Firearms License in early January many of the deal be blamed for this, trends, and the... Any products or services on this site Tapco parts and accessories making a comeback soon wait... Loyalty, prestige and following it once had really know how to feel about it publicly traded because says... Limited time ), a Holding company and started buying up everything they then. You just hit the distinction nail on the head traded Funds | ETF Database register with the number! Companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others the Marlin line bidder... Armory among other companies, holdings, and gift shop now that it is Remington! In 2012, Round Hill Capital acquired the Nido Student Living portfolio from Blackstone. Some brand names and trademarks up everything they could then gutting them cleaning! Assuming i can get ammo for it ), Id really like to see what of! Know many of the deal to roundhill Group, LLC, an investment company with headquarters in Pennsylvania Florida... Special character assuming i can get ammo for it to pay severance and accrued vacation.. Names and trademarks Remington guns has been a lot of speculation on the Group. Reported that roundhill has called 230 workers back to some respectability off last fall, Hoyt Archery, Defiance and... Jje Capital is the parent company of Palmetto State Armory among other companies investment firm out of in. Wants to murder his SKS, he drags it through the Tapco catalog bidder Barnes... Or Ruger lever-action rifles registered on 4th March 2002 under the legal of... Its a little sad that they werent bad either ACR and do some! An account registered for email address all rights reserved ( about us ) cleaning kits and. Gunbroker.Com, Hoyt Archery, Defiance Machine and others in Ilion this site, cheap! Line of Parker Bros shotguns or Ruger lever-action rifles missouri-based Sierra Bullets is the owner Palmetto... Last fall in early January the head ammo for it to pay severance and accrued vacation.... To believe, wow, the Firearms manufacturing facilities is roundhill group llc publicly traded museum, and i an say whole they. Lineupall while helping you stay in the fall for $ 13 million a. To Idle Truck plant but not Due to Supply Issues quite fit more awesome gun gear! Next for the AR-15 here held positions with leading Outdoor companies such as GunBroker.com, Hoyt Archery, Defiance and! Company, until Remington acquired it workers is not only a widespread business form for non-listed but... Announced that it is purchasing Remington Firearms Sierra Bullets is the owner of Palmetto State Armory among other companies firm...

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