autogeekonline car wax, car care and auto detailing forum Autogeek on TV
car wax, car care and auto detailing forumAutogeekonline autogeekonline car wax, car care and auto detailing forum HomeForumBlogAutogeek.net StoreDetailing Classes with Mike PhillipsGalleryDetailing How To's
 
Likes Likes:  0
Dislikes Dislikes:  0
Page 1 of 7 1234567 LastLast
Results 1 to 10 of 67
  1. #1
    Administrator Meghan's Avatar
    Join Date
    Mar 2006
    Location
    Florida
    Posts
    15,006
    Post Thanks / Like

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

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



    This Press Release hit the wire at midnight last night, we are very excited to share with our forum family!

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

    LAS VEGAS, NV--(Marketwired - November 02, 2016) - Vision Investments, LLC, is pleased to announce the acquisition of Palm Beach Motoring Group. PBMG stocks thousands of car care products on site from more than 150 companies including its own brands: Pinnacle Natural Brilliance, Pinnacle Black Label Collection, Wolfgang Concours Series, Speed Master, The Belt, BLACKFIRE, McKee's 37, McKee's RV, and Marine 31. The company provides quality products for distributors, detailing professionals and auto enthusiasts. PBMG has a family of websites including Autogeek.com and Autopia-carcare.com that are high transaction ecommerce sites and leading sources of instructional detailing guides, forums and videos.

    The new entity will operate under Palm Beach Motoring Group and is now a wholly owned subsidiary of Vision Investments. PBMG is a high growth company and has achieved great success in past years. Customers will continue to receive the same high quality products, excellent customer service and education which they have come to expect and value from PBMG.

    Vision Investments owner Tony George first met PBMG owner Bob McKee at the SEMA Show in 2009. Their relationship has further strengthened through the years including Autogeek's involvement with Ed Carpenter Racing during the 2016 season. "I've admired Bob's ability to grow the business and build strong relationships throughout the industry. He's built a quality organization made up of proud brand ambassadors." The timing of the acquisition was strategic for both parties; Mr. George was looking to grow his auto-related portfolio (Vision is the exclusive US importer of the German SONAX car care brand), and Mr. McKee was looking to transition out of a business owner role.

    Mr. McKee will remain in the industry focusing on the continued development of the McKee's 37 and McKee's RV brands. 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. There are exciting things going on at PBMG -- including the second season of their television series 'Competition Ready.'" Mr. Angstadt's background includes tenures at the Indianapolis Motor Speedway as Vice President of Marketing and at INDYCAR as President of its commercial division.

    Please join us in welcoming Vision Investments to the Autogeek family!

  2. #2
    Super Member ronkh57's Avatar
    Join Date
    Aug 2009
    Posts
    3,392
    Post Thanks / Like

    Re: Big announcement today!

    If you guys are staying this is cool.

  3. #3
    Super Member
    Join Date
    Feb 2011
    Location
    Minot, ND
    Posts
    12,364
    Post Thanks / Like

    Re: Big announcement today!

    As long as nothing changes I'm happy for everyone.

  4. #4
    Super Member EWtheDETAILER's Avatar
    Join Date
    Sep 2012
    Location
    Princeton, Indiana
    Posts
    341
    Post Thanks / Like

    Re: Big announcement today!

    Wow! This is Huge! Tony George is a class act guy! I'm sure Bob McKee has left the company in good hands! Congrats to Bob McKee and the team at Autogeek!
    Keep Calm... and Detail On!

    Eric

  5. #5
    Super Member Mike Honcho's Avatar
    Join Date
    Apr 2015
    Location
    Atlanta
    Posts
    1,264
    Post Thanks / Like

    Re: Big announcement today!

    Quote Originally Posted by ronkh57 View Post
    If you guys are staying this is cool.
    Yup.
    Mike Honcho

  6. #6
    Super Member Mike Honcho's Avatar
    Join Date
    Apr 2015
    Location
    Atlanta
    Posts
    1,264
    Post Thanks / Like

    Re: Big announcement today!

    Quote Originally Posted by Mike@DedicatedPerfection View Post
    As long as nothing changes I'm happy for everyone.
    Yup yup.
    Mike Honcho

  7. #7
    Administrator Meghan's Avatar
    Join Date
    Mar 2006
    Location
    Florida
    Posts
    15,006
    Post Thanks / Like

    Re: Big announcement today!

    Quote Originally Posted by ronkh57 View Post
    If you guys are staying this is cool.
    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!

  8. #8
    Super Member Desertnate's Avatar
    Join Date
    Aug 2013
    Location
    St Louis metro (Illinois)
    Posts
    4,769
    Post Thanks / Like

    Re: Big announcement today!

    If Bob sticks around to shepherd McKee's 37 and McKee's RV, what becomes of the rest of the PBMG brands?

    I'm with Mike. As long as the acquisition is transparent to us normal folks, I'm happy for them.
    Drop by to see the latest at The Car Geek Blog

  9. #9
    Super Member
    Join Date
    Feb 2011
    Location
    Minot, ND
    Posts
    12,364
    Post Thanks / Like

    Re: Big announcement today!

    Very relieved to hear Meghan. Thanks for the quick follow up.

  10. #10
    Super Member ronkh57's Avatar
    Join Date
    Aug 2009
    Posts
    3,392
    Post Thanks / Like

    Re: Big announcement today!

    Quote Originally Posted by meghan View Post
    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!
    yay !!!!

Page 1 of 7 1234567 LastLast

Similar Threads

  1. Autogeek Amazon (Palm Beach Motoring Accessories)
    By soccer05 in forum Off-Topic
    Replies: 15
    Last Post: 04-06-2013, 08:34 PM
  2. Palm Beach Motoring Group Press Release!
    By Meghan in forum Company & Forum News Headlines
    Replies: 23
    Last Post: 07-29-2011, 10:59 PM
  3. PBMA is now Palm Beach Motoring Group
    By Meghan in forum Company & Forum News Headlines
    Replies: 14
    Last Post: 07-15-2011, 06:11 PM
  4. Palm Beach Motoring Continues Expanding in 2011
    By Meghan in forum Company & Forum News Headlines
    Replies: 38
    Last Post: 02-25-2011, 01:51 AM

Members who have read this thread: 2

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

» December 2021

S M T W T F S
282930 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1