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M4-AK
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Posted: 9/23/2011 4:24:57 PM
Did I read it right, that they had invested before in Magpul? If No Comment, I respect your right to privacy, OPSEC and all that.
TLyledesign
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Posted: 9/23/2011 5:24:07 PM
[Last Edit: 9/23/2011 6:06:35 PM by TLyledesign]
See below. Horse's mouth and what not.
Freedom, for all.
Magpul
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Posted: 9/23/2011 6:01:41 PM
[Last Edit: 9/24/2011 1:33:02 AM by Magpul]
Originally Posted By TLyledesign:

Originally Posted By M4-AK:
Did I read it right, that they had invested before in Magpul? If No Comment, I respect your right to privacy, OPSEC and all that.

Magpul Response in GD Thread


This is about growing in a way that is consistent with our values. To understand our values check out our Magpul Foundations.

Total acquisition by a larger company in this industry would have likely stopped Magpul from being Magpul. So instead we looked hard for partners to help us maintain our growth while staying true to our core concepts. Our new partners bring expertise in expanding the company, while letting us focus on our strengths of manufacturing and design.

After many months working with our new partners we are more confident than ever in our choice.

Rest assured, new products will be designed and built by the same team, in the US and to the same quality standard as our current line up. The only thing that will change is our ability to grow and release products.
Stickman
Rainier Arms
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Posted: 9/23/2011 7:11:26 PM
Sounds like natural progression to me, and overall good news for everyone.
Stick
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RidgeDog
NRA Life Member - Team LaRue
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Posted: 9/24/2011 12:28:10 AM
[Last Edit: 9/24/2011 11:58:35 AM by RidgeDog]
Roger that, Stick!

I did business (VCI) consulting for 18 yrs so I have a significant frame of reference. This particular developement smacks of success!

RD out


ETA: VCI = Venture Capital Infusion
"I won't be wronged, I won't be insulted, and I won't be laid a hand on. I don't do these things to other people, and I require the same from them." (The Shootist)
CaesAR15
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Posted: 9/24/2011 11:08:41 PM
Originally Posted By Magpul:
Originally Posted By TLyledesign:

Originally Posted By M4-AK:
Did I read it right, that they had invested before in Magpul? If No Comment, I respect your right to privacy, OPSEC and all that.

Magpul Response in GD Thread


This is about growing in a way that is consistent with our values. To understand our values check out our Magpul Foundations.

Total acquisition by a larger company in this industry would have likely stopped Magpul from being Magpul. So instead we looked hard for partners to help us maintain our growth while staying true to our core concepts. Our new partners bring expertise in expanding the company, while letting us focus on our strengths of manufacturing and design.

After many months working with our new partners we are more confident than ever in our choice.

Rest assured, new products will be designed and built by the same team, in the US and to the same quality standard as our current line up. The only thing that will change is our ability to grow and release products.

Good on you Magpul for quoting Francisco d'Anconia in your foundations. And that's all I have to say about that...