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Date: | Fri, 9 Nov 2018 15:09:01 -0500 |
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Brushy Mountain has pulled the plug on its website, and was selling off
in-stock inventory at steep discounts over the past few weeks to other
dealers. The statement that only the former Ruhl Bee Supply store in OR was
closing seems to have been an understatement.
Curiouser and curiouser, Brushy has also been disappeared from the list of
"our companies" and even "former companies" at Haldey Capital, the "private
equity" firm that bought the business from Steve and Sandy Forrest in 2014.
It seems strange that Hadley did not attempt to find a buyer for the running
business, or perhaps they could not find one despite their search. Not sure
what kind of value one would get for the capital equipment, given how
"dedicated" the machines are.
But for those keeping score, that makes one company driven into a ditch to
the point of needing new owners (Betterbee), and now the smoking ruins of a
significant manufacturer and catalog house, both purely failures of
management rather than due to any other factor.
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