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Old 03-10-2014, 04:44 PM   #37
THD
Guru
 
City: Seattle
Country: US
Join Date: Apr 2012
Posts: 1,142
B&B-I have followed the travails of Hatteras for many years. I lived in NC for a long time (the "TH" in my usename is for "Tarheel"). I knew members of the Slane family a long time ago and as a young guy spent a month as a mate on the original Hatterascal fished then by Wills Slane's son. They have always been very, very good boats and leaders in technology. One thing I really miss though on the new boats is the classic Jack Hargrave sheerline, both on SF's and MYs. You used to see a boat a half mile off and you could tell it was a Hatt. There is a 57' MY docked across from me and I still think the lines on it are beautiful as I walk down the dock.

Having been in the private investment business, I am never optimistic for a business when acquired by a private equity firm. Their MO just isn't operating businesses at a profit over an extended period of time (other than Buffet, Warren not Jimmy). I sincerely hope that Versa wants to own a successful and classic boatbuilder, not just hold an asset until it can "realize value from its investment". After the last 20 years, what Hatteras needs most is stability and consistency in management and operations.
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