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#12380629 - 08/10/17 01:11 PM Legend bites the dust
JDJ01 Offline
Outdoorsman

Registered: 04/24/14
Posts: 241
Loc: Keller, TX
Just saw that Legend was bought out and the name has no future. Kind of a shame. Always liked their boats

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#12380630 - 08/10/17 01:12 PM Re: Legend bites the dust [Re: JDJ01]
Huckleberry Offline
TFF Guru

Registered: 10/10/07
Posts: 17101
Loc: Lake Gaston, VA
They are truly a legend now juggle

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#12380836 - 08/10/17 03:35 PM Re: Legend bites the dust [Re: JDJ01]
T Bird Offline
TFF Team Angler

Registered: 03/07/10
Posts: 4606
Loc: Temple, Texas USA
We will be buying foreign built boats soon. Sucks!

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#12381060 - 08/10/17 06:38 PM Re: Legend bites the dust [Re: JDJ01]
JDJ01 Offline
Outdoorsman

Registered: 04/24/14
Posts: 241
Loc: Keller, TX
At the price they are goin for every year... I'll be buying gently used lol

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#12381068 - 08/10/17 06:47 PM Re: Legend bites the dust [Re: JDJ01]
Bob Landry Online   content
Extreme Angler

Registered: 08/10/11
Posts: 2533
Loc: Austin, Tx
The same thing happened to Seaark. They were bought by Master Craft. The powers at Seaark claim there will be no change in quality, but we haven't seen what the bean counters have to say about it yet. I'm glad I bought mine three years ago and I'm just on the sideline looking in. My dealer placed an order in October and didn't get his boats until May. That's a long time to wait for a batch of aluminum boats..
_________________________
2015 Seaark 1872 MV CC Etec-90
Two Helix 12 CHIRP SI's, , MinnKota Riptide ST80/i-pilot Link, Bob's Hydraulic

Bitter Gun Owner
Bitter Clinger
Armed Infidel

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#12381199 - 08/10/17 08:07 PM Re: Legend bites the dust [Re: Bob Landry]
BCB Online   content
Angler

Registered: 12/31/06
Posts: 391
SeaArk was purchased by Correct Craft, which is the same group we decided to join. It creates longevity and the premium brands are Nautique, Bass Cat, Yar-Craft, SeaArk, Centurion, Supreme, Bryant and PEG Engine, which builds the inboard engines for a majority of tow boats, air boats and other individual low volumes. They keep the present operations in place because they were effective and select high quality companies. We were the second asset they purchased after their engine company PEG. They compile assets for the right reasons and not for a venture capital flip or liquidation. It is a faith based organizatiob with a strong view of a positive culture.

Nautique and Bass Cat are both multiple JD Power companies and the original Correct Craft brand. Steve Henderson is the President of SeaArk and a hard core angler. I continue to run operations at BCB/YCB and there are no product quality changes. Correct Craft is an independent private owned business group and we fund a non profit charity arm. We are only asked to do what is right and quality. Never in the last 2 1/2 years of operations has lowering quality been a goal. Only trimming and cleaning waste while providing the best products possible.

SeaArk has been streamlined and is producting a much more efficient product with better quality. A new $500k plus CNC shear was purchased and they recently completed installation of two (2) new paint booths. Things are looking much better there and the staff would tell you this.

We are on an aggressive product roll and will soon undertake a significant expansion as we are out or room for both brands.

MasterCraft is a public traded company and they recently bought Cobalt Boats from Paxton Saint Clair. They are not associated to any of the mentioned companies.

Rick Pierce
President
Bass Cat & Yar-Craft


Edited by BCB (08/10/17 09:12 PM)

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#12381201 - 08/10/17 08:11 PM Re: Legend bites the dust [Re: JDJ01]
Topwater2 Online   content
Pro Angler

Registered: 03/06/14
Posts: 705
I hear Johnny Morris bought Legend. Thats the rumor.
_________________________
FishKen

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#12381566 - 08/11/17 06:49 AM Re: Legend bites the dust [Re: JDJ01]
Bob Landry Online   content
Extreme Angler

Registered: 08/10/11
Posts: 2533
Loc: Austin, Tx
My mistake.. I remembered that it was one of the "Crafts" that bought Seaark.
_________________________
2015 Seaark 1872 MV CC Etec-90
Two Helix 12 CHIRP SI's, , MinnKota Riptide ST80/i-pilot Link, Bob's Hydraulic

Bitter Gun Owner
Bitter Clinger
Armed Infidel

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#12382741 - 08/11/17 08:44 PM Re: Legend bites the dust [Re: JDJ01]
ChampionOwner Offline
Pro Angler

Registered: 02/23/09
Posts: 938
Loc: Kingwood, Tx
Who told you they have no future. The same group(White River Marine) also owns Ranger and Triton. They seem to be still around.

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#12382880 - 08/11/17 09:57 PM Re: Legend bites the dust [Re: JDJ01]
JDJ01 Offline
Outdoorsman

Registered: 04/24/14
Posts: 241
Loc: Keller, TX
I'm using deductive reasoning. Look at prior case studies.. champion for example. One of the best boats ever imo was forced into bankruptcy and same owners of ranger bought most the debt... champion was allowed to fail so another brand could succeed . That same brand will undoubtably be favored over the Legend line. Not an insider and not the smartest guy on earth but the writing is on the wall

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#12383354 - 08/12/17 12:41 PM Re: Legend bites the dust [Re: JDJ01]
ChampionOwner Offline
Pro Angler

Registered: 02/23/09
Posts: 938
Loc: Kingwood, Tx
Legend is a very profitable brand and with Stratos going away my guess is Legend hangs around a while.

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#12383755 - 08/12/17 07:14 PM Re: Legend bites the dust [Re: JDJ01]
HasBen Online   content
TFF Guru

Registered: 06/12/03
Posts: 22060
Loc: Nacogdoches
My experience is, all corporate acquisitions begin with the reassurance by management that "nothing is going to change, we are happy with you" and end with "there is the door, we are going to do it our way". It can be good or bad, but it will not be the same.
_________________________
"There is a grey blur and a green blur. I try to stay on the grey one" Joey Dunlop, Isle of Man rider

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#12385637 - 08/14/17 01:09 PM Re: Legend bites the dust [Re: HasBen]
Rayzor Offline
TFF Team Angler

Registered: 05/13/08
Posts: 4616
Loc: Magnolia, Texas
Originally Posted By: HasBen
My experience is, all corporate acquisitions begin with the reassurance by management that "nothing is going to change, we are happy with you" and end with "there is the door, we are going to do it our way". It can be good or bad, but it will not be the same.


"We've decided to take another path."
_________________________
Be safe,
Rayzor

2001 Triton Tx-21/225 Mercury EFI

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