When it comes to information about companies, you get the most when there’s a change in ownership. It’s unusual for that to happen multiple times in a short period of time, but that’s the case for Weber. They IPO’d a year and a half ago, and they are currently being taken private. That’s resulted in a wealth of information about the largest grill company in the world.
During Weber’s recent cash crunch and ultimately, their decision to go private, they enlisted the help of the investment bank Centerview Partners to lead the process. The information of that process has been made public through an SEC filing. There’s lots of information to unpack there, so we’ll have multiple articles on it, with this being the first.