GoHunt Acquired

[The Ri Guy]

Didn’t see this posted anywhere yet in search.

Hyde Park Capital Advises GOHUNT on its Sale to Brandt Information Services

Hyde Park Capital announced today that GOHUNT has been acquired by Brandt. HPC acted as the exclusive financial advisor to GOHUNT.

www.hydeparkcapital.com

 

[grizz19]

I have not seen this either. Very interesting. Wonder how things will look down the road?

 

[nettereo16]

Wow interesting. Brandt is the licensing platform with the “GoOutdoorsStatename” that a lot of the fish and game agencies contract

 

[The_Yetti]

l hope this works out well for them, given what this company already does in the outdoor space, but we'll see. I'll remain cautiously optimistic.

 

[Pacific_Fork]

“It’s goal has been the same since day one: make it easier to get in the field and experience hunts. Whether it’s for more opportunities…”
-NoHunt

Now that’s funny.

 

[Andrew12gauge]

I don’t know why, but it feels wrong to me that the company running the draws would also be the company advising people on where to apply. Seems ripe for conflict of interest. Brandt should also focus on being able to run draws in a timely manner and without errors


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[The Ri Guy]

I don’t know why, but it feels wrong to me that the company running the draws would also be the company advising people on where to apply. Seems ripe for conflict of interest. Brandt should also focus on being able to run draws in a timely manner and without errors


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That was my big takeaway as well…

 

[el_jefe_pescado]

Congrats, to the team. For a business owner/founder this must be a pretty cool moment.

As a subscriber, I was already becoming increasingly underwhelmed by the experience and doubt that a PE acquisition will help improve that.

 

[Hnthrdr]

I don’t know why, but it feels wrong to me that the company running the draws would also be the company advising people on where to apply. Seems ripe for conflict of interest. Brandt should also focus on being able to run draws in a timely manner and without errors


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Yeah no conflict of interest or no chance for corruption… these things should be no where near each other…

 

[NICKJ]

They better have some damn good predictive draw odds now!

 

[Andrew12gauge]

I can see the marketing campaign now

“Buy a GoHunt membership and increase your odds of drawing a tag”


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[LFC911]

Has a PE firm ever made a company better? I really liked Lorenzo and where he was taking the company. I guess they made him an offer he couldn't refuse. I am just curious of what the fallout will be there.

 

[Ten Bears]

I wonder if he decided to cash in after seeing that AI will kinda do what he does for free very shortly.

Hope he takes care of the team over there. As much as I dislike hunting media overall, I always thought Brady, Trail, Brandon, etc were some really nice guys.

 

[mustelid_master]

I wonder if he decided to cash in after seeing that AI will kinda do what he does for free very shortly.

Hope he takes care of the team over there. As much as I dislike hunting media overall, I always thought Brady, Trail, Brandon, etc were some really nice guys.

My guess is that is what gohunt will become, they'll buy some compute and build a specialized LLM to do what they currently have people doing. Cut costs through headcount

 

[Split toe]

They finally cashed in. I was wondering when this would happen.

 

[180ls1]

Has a PE firm ever made a company better? I really liked Lorenzo and where he was taking the company. I guess they made him an offer he couldn't refuse. I am just curious of what the fallout will be there.

Absolutely. They do it all the time. Many business owners started by being excellent at a skill (plumbing or whatever) and end up growing so fast they are now unintentionally running a business that far outpaces their skill, interests or desire. This is an area where PE can step in and improve things.

This is not to say there isn't downsides or problems with PE/related but the flippant notion that its only bad is simple untrue.

 

[Split toe]

Absolutely. They do it all the time. Many business owners started by being excellent at a skill (plumbing or whatever) and end up growing so fast they are now unintentionally running a business that far outpaces their skill, interests or desire. This is an area where PE can step in and improve things.

This is not to say there isn't downsides or problems with PE/related but the flippant notion that its only bad is simple untrue.

Everything PE touches in healthcare they screw up, hopefully it is different in other sectors sometimes.

 

[DesertPinstripes]

If I was any app/software company, I’d be sweating bullets over AI right now. With pretty minimal skill, I was able to replicate what GoHunt does in a short weekend (one state only). Matter of time before a one-man-AI-shop enters the market to do what GoHunt does but with much lower expenses. Race to the bottom.

 

[Reburn]

This is not to say there isn't downsides or problems with PE/related but the flippant notion that its only bad is simple untrue.

I respect the statement but personally have seen about a dozen PE deals and they all ended badly. I havent seen one go well yet.

 

[mustelid_master]

Was the stone glacier acquisition a PE deal, or another deal entirely?