Stan’s NoTubes founders promote firm to funding firm

BIG FLATS, N.Y. (BRAIN) — Stan’s NoTubes founders Stan and Cindy Koziatek are retiring after promoting the corporate to the North Carolina-based funding firm Zabel Firms LLC.

The Koziateks have owned and operated the corporate for 21 years. It now has distribution in practically 70 international locations. 

Mike Bush will proceed as president and CEO, the corporate stated.

Zabel Firms owns a portfolio of brand-driven corporations in a wide range of industries; Stan’s seems to be the primary acquisition within the sports activities {industry}. 

“We really feel extremely lucky to have discovered Zabel Firms after a diligent seek for the proper match,” stated Bush. “Their emphasis on sustainable, long-term development, constructing a powerful model, and preserving firm employees and tradition are values Stan, Cindy, and I’ve lengthy shared. Zabel’s experience and expertise constructing companies for long-term, sustained development are an ideal match for the continued development of Stan’s.”

Bush added, “I am extremely joyful that Stan and Cindy had been capable of exit the enterprise on their phrases they usually go away behind a tremendous workforce to proceed their legacy. That workforce consists of not simply our excellent workers, however our unbelievable distributors, sellers, OEM companions, our gifted athletes, and most of all, our devoted prospects. We’re so grateful for the help that has allowed us to develop the model, have a good time so many athletic achievements, and save numerous rides over the previous twenty-plus years. We’re additionally extra excited than ever in regards to the future as we begin this new chapter along with Zabel.”

Wealthy Jones, a companion with The Zabel Firms stated, “Stan and Cindy created a class, constructed a market chief, and have the preeminent model within the {industry}; most significantly they surrounded themselves with nice folks and a powerful chief in Mike Bush.”

Jones added, “We stay up for preserving Stan’s and Cindy’s legacy and what has made the enterprise profitable up to now as we companion with and supply help to Mike and the Stan’s workforce to proceed constructing and rising this nice enterprise.”


https://www.bicycleretailer.com/industry-news/2022/07/05/stans-notubes-founders-sell-company-investment-company

Next Post

Ikenna Ordor Expands Starr Luxurious Automobile Rental To The US

Sat Jul 9 , 2022
Ikenna Ordor is aware of a factor or two about marrying comfort, luxurious experiences, and wonderful customer support. His on-demand rental firm, Starr Luxurious, permits clients to simply ebook and safe supercars (and even helicopters and jets) to create recollections for a lifetime. Whereas the corporate began out servicing purchasers […]