Who owns BBQGuys?
BBQGuys is a barbecue grill retailer headquartered in Baton Rouge, Louisiana. BBQGuys was awarded the Small Business of the Week by the United States Senate Committee. Who owns BBQGuys? Original owner Michael Hackley sold BBQGuys to Brand Velocity Partners (BVP) in August 2020, a private equity firm. BVP also purchased BBQGuys’ sister company, Blaze Outdoor….
BBQGuys is a barbecue grill retailer headquartered in Baton Rouge, Louisiana. BBQGuys was awarded the Small Business of the Week by the United States Senate Committee.
Who owns BBQGuys?
Original owner Michael Hackley sold BBQGuys to Brand Velocity Partners (BVP) in August 2020, a private equity firm. BVP also purchased BBQGuys’ sister company, Blaze Outdoor. As part of the acquisition, BVP brought on several NFL greats as strategic investors including Archie Manning and sons Cooper Manning, Peyton Manning, and Eli Manning along with LaDainian Tomlinson and Steve Hutchinson.
BBQGuys, an e-commerce platform for grills and related products backed by retired American football stars Eli Manning and Peyton Manning, has agreed to go public through Velocity Acquisition Corp., a blank-check firm. The transaction values the combined entity at $963 million and sets up the Baton Rouge, Louisiana-based company for future growth, Velocity founder Doug Jacob and BBQGuys CEO Russ Wheeler said in a joint interview.
Existing BBQGuys investors including private equity firm Brand Velocity Partners and others including NFL veterans Archie Manning, LaDainian Tomlinson, and Steve Hutchinson are slated to own about 71% of the combined entity.
