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Fender Bass prices???
- Thread starter Metalbasspro
- Start date
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- fender
Yep, what was the name of his company? Oh ya it was Bain Capital.
Bain Capital
From Wikipedia, the free encyclopedia
This article is about the investment firm. For the management consulting company, see Bain & Company.
Bain Capital LLC
Type
Private, Limited liability
Industry Alternative Investment
Founded 1984
Headquarters 200 Clarendon Street
Boston, Massachusetts, U.S.
Number of locations
Boston, Chicago, Invalid Link Removed, Palo Alto, London, Luxembourg, Munich, Hong Kong, Shanghai, Mumbai, Tokyo and Melbourne
Key people
Josh Bekenstein, Steven Pagliuca, Matt Levin, Paul Edgerley, Jordan Hitch
Products Venture capital, investment management, public equity, private equity, credit products and absolute return
Total assets
Number of employees
900+ (2014)[citation needed]
Website www.baincapital.com
In late 2011, Bain Capital moved its headquarters to the John Hancock Tower in Boston, Massachusetts. Bain occupies 210,000 sq. ft. from the 36th to 43rd floors.[1]
Bain Capital is an American global alternative investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit products and absolute return investments. Bain Capital invests across a range of industry sectors and geographic regions. As of June 2014, the firm managed more than $75 billion of investor capital across its various investment platforms.
The firm was founded in 1984 by partners from the consulting firm Bain & Company.[2] Since inception it has invested in or acquired hundreds of companies including AMC Theatres, Aspen Education Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), [This invalid link has been removed], Sealy, Sports Authority, Staples, Toys "R" Us, Warner Music Group, Fingerhut, The Weather Channel, and Apple Leisure Group, which includes [Invalid or Expired Link Removed] and Apple Vacations.[3]
As of 2014, Bain Capital employs more than 900 people.[citation needed] Bain Capital is headquartered at the John Hancock Tower in Boston, Massachusetts with additional offices in New York City, Chicago, Palo Alto, London, Luxembourg, Munich, Hong Kong, Shanghai, Mumbai, Tokyo and Melbourne.[4]
The company, and its actions during its first 15 years, became the subject of political and media scrutiny as a result of co-founder Mitt Romney's later political career, especially his 2012 presidential campaign.[5][6]
And where does it say they own zzounds and sweet water?Yep, what was the name of his company? Oh ya it was Bain Capital.
Bain Capital
From Wikipedia, the free encyclopedia
This article is about the investment firm. For the management consulting company, see Bain & Company.
Bain Capital LLC
Type
Private, Limited liability
Industry Alternative Investment
Founded 1984
Headquarters 200 Clarendon Street
Boston, Massachusetts, U.S.
Number of locations
Boston, Chicago, Invalid Link Removed, Palo Alto, London, Luxembourg, Munich, Hong Kong, Shanghai, Mumbai, Tokyo and Melbourne
Key people
Josh Bekenstein, Steven Pagliuca, Matt Levin, Paul Edgerley, Jordan Hitch
Products Venture capital, investment management, public equity, private equity, credit products and absolute return
Total assetsUS$ 75 billion (2014)
Number of employees
900+ (2014)[citation needed]
Website www.baincapital.com
In late 2011, Bain Capital moved its headquarters to the John Hancock Tower in Boston, Massachusetts. Bain occupies 210,000 sq. ft. from the 36th to 43rd floors.[1]
Bain Capital is an American global alternative investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit products and absolute return investments. Bain Capital invests across a range of industry sectors and geographic regions. As of June 2014, the firm managed more than $75 billion of investor capital across its various investment platforms.
The firm was founded in 1984 by partners from the consulting firm Bain & Company.[2] Since inception it has invested in or acquired hundreds of companies including AMC Theatres, Aspen Education Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), [This invalid link has been removed], Sealy, Sports Authority, Staples, Toys "R" Us, Warner Music Group, Fingerhut, The Weather Channel, and Apple Leisure Group, which includes [Invalid or Expired Link Removed] and Apple Vacations.[3]
As of 2014, Bain Capital employs more than 900 people.[citation needed] Bain Capital is headquartered at the John Hancock Tower in Boston, Massachusetts with additional offices in New York City, Chicago, Palo Alto, London, Luxembourg, Munich, Hong Kong, Shanghai, Mumbai, Tokyo and Melbourne.[4]
The company, and its actions during its first 15 years, became the subject of political and media scrutiny as a result of co-founder Mitt Romney's later political career, especially his 2012 presidential campaign.[5][6]
While Bain maintains a stake in Guitar Center, it is not the largest owner. Aries Capital has the controlling ownership. But facts seem not to matter here.
Metalbasspro may have sources that are unavailable to the common man. We shall see.
Bain might not own the majority now but I think it did. As to my information I got that from this forum so don't blame me. Also I don;t see any reason for the Hostility here. Someone asked why prices are the same across the sales landscape as I have asked myself in the past. Well bain is a big reason. If not today then from their past activities. I don't know that ZZ sounds or a few others are owned by the same share holders but it's a pretty good indication something is going on when prices fit the cooky cutter.
Great then when I ask for a discount and they can't give me one I'll be sure to ask why not.
BY the way I just got off the phone with ZZ sounds ordering a P bass. I asked about the cooky cutter prices. He said it was basically an agreement by the major retailers that they not sell below a certain level. So why this does to violate anti trust laws I don't know. There must be a loop hole.
Too big to fail!
Too big to fail!
A nice American Fender could still be in use long after you pass from this life. Pretty cheap for something that your grandchildren could enjoy.
Sweetwater is not now, or ever been affiliated with GC, MF, etc ... I am 99.9% sure ZZounds is not as well, although I have dealt very little with them ...
Fat Steve
The poodle bites, the poodle chews it.
Whoa there man, easy now. You don't want to upset the OP. Bad things will happen.
DiabolusInMusic
Functionless Art is Merely Tolerated Vandalism
We don't take too kindly to your kind 'round here. Take your logic elsewhere buddy, this isn't the place.
Fat Steve
The poodle bites, the poodle chews it.
i'm pretty sure bain had control until 2 or 3 years ago, and i believe that sweetwater is an indie store. let me google that -
from forbes:
"To recap, Guitar Center was acquired in 2007 by Bain Capital, who took on a huge debt load of $1.6 billion in the process. More recently Bain’s partner Ares Management turned it’s debt into equity when Bain had trouble making payments and took over the management of GC."
no sweetwater or zzounds listed, and yes, that incorrectly used apostrophe was actually on the forbes website.
and from wikipedia:
"Guitar Center's sister companies/subsidiaries incorporate Music & Arts, Musician's Friend, GuitarCenter.com, LMI, Giardinelli, Musician.com, Private Reserve Guitars, Woodwind and Brasswind, Music 123, and Harmony Central."
and on the bain/ares deal
"On June 27, 2007, Guitar Center agreed to a $1.9 billion buyout from Invalid Link Removed, totaling $2.1 billion including debt. The deal was led by Invalid Link Removed and amounted to a per-share price of $63, or a 26% premium on the June 26 closing price. The deal was approved by shareholders on September 18, 2007, and closed October 9, 2007."
"In May 2013, Standard & Poor's cut its debt rating on Bain Capital-owned Guitar Center Holdings Inc to "junk bond" status, citing struggles with "weak operating trends." The corporate credit rating on the company dropped from 'B-' to 'CCC+'."
In April 2014, Ares Management took a controlling stake in Guitar Center. Invalid Link Removed, Guitar Center's former owner, retained partial ownership of the company, along with representation on the board. According to Mike Pratt, the retailer's previous chief executive, the deal will reduce Guitar Center's total debt and provide it with the resources to expand its footprint and invest in its business."
from forbes:
"To recap, Guitar Center was acquired in 2007 by Bain Capital, who took on a huge debt load of $1.6 billion in the process. More recently Bain’s partner Ares Management turned it’s debt into equity when Bain had trouble making payments and took over the management of GC."
no sweetwater or zzounds listed, and yes, that incorrectly used apostrophe was actually on the forbes website.
and from wikipedia:
"Guitar Center's sister companies/subsidiaries incorporate Music & Arts, Musician's Friend, GuitarCenter.com, LMI, Giardinelli, Musician.com, Private Reserve Guitars, Woodwind and Brasswind, Music 123, and Harmony Central."
and on the bain/ares deal
"On June 27, 2007, Guitar Center agreed to a $1.9 billion buyout from Invalid Link Removed, totaling $2.1 billion including debt. The deal was led by Invalid Link Removed and amounted to a per-share price of $63, or a 26% premium on the June 26 closing price. The deal was approved by shareholders on September 18, 2007, and closed October 9, 2007."
"In May 2013, Standard & Poor's cut its debt rating on Bain Capital-owned Guitar Center Holdings Inc to "junk bond" status, citing struggles with "weak operating trends." The corporate credit rating on the company dropped from 'B-' to 'CCC+'."
In April 2014, Ares Management took a controlling stake in Guitar Center. Invalid Link Removed, Guitar Center's former owner, retained partial ownership of the company, along with representation on the board. According to Mike Pratt, the retailer's previous chief executive, the deal will reduce Guitar Center's total debt and provide it with the resources to expand its footprint and invest in its business."
I always liked my American Deluxe Jazz FMT V, but it sounds infinitely better now that it's been painted green.
after all these years of playing only black basses, i have discovered that green has the best tone
