Dear FB’s,
I thought you all might be interested to know that I sold my company a few weeks ago. My last day as Production Manager at Lynskey Performance was Wednesday March, 30th and I resumed full time operations of Pacenti Cycle Design today.
An investment group from Chattanooga purchased my entire company, not just the Bikelugs.com / framebuilding supply part. I will remain on board as a partner and handle the day-to-day operations. We have formed a new company (NuWave LLC) of which Pacenti Cycle Design will be a division. Our main goal for the immediate future is to get Bikelugs.com up and running at full speed again, as well as develop more Pacenti branded bicycle components. We should have all castings completely restocked in 2 months or less.
Long term, we have some exciting things in the works involving some very advanced composite materials. I will keep you all posted as to our progress in this area; but feel free to contact me privately anytime for more info.
Best regards,
Kirk Pacenti
Pacenti Cycle Design
Kirk my brother in flux, please don’t do this to us on April Fool’s day! Please tell me this is not a joke. “Say it ain’t ain’t so!” If true, it is very good and welcome news!! Seriously, just about everybody here was ausgefreaken (as the Germans say) at the thought that Pacenti parts might not come back.
But I think you should name the company “NuWave-O”. Gives it some old-world flair… lord knows you could use some... BTdub, you can use that without paying me, it’s my gift to you. Well OK, some free fork crowns would be OK, since you insist.
Ciao bb
Mark Bulgier
That's great news. It's been a while since we've heard from you and I'd
be getting nervous. Congrats to you and good luck with the business. I'm
guessing this means you'll be staying in Tennesee?
-Tony
Pereira Cycles
Portland, Oregon, USA
www.pereiracycles.com
503.333.5043
twitter: @pereiracycles
On 4/1/2011 7:45 PM, Kirk Pacenti wrote:
> Dear FB�s,
>
> I thought you all might be interested to know that I sold my company a
> few weeks ago. My last day as Production Manager at Lynskey Performance
> was Wednesday March, 30th and I resumed full time operations of Pacenti
> Cycle Design today.
>
> An investment group from Chattanooga purchased my entire company, not
> just the Bikelugs.com / framebuilding supply part. I will remain on
> board as a partner and handle the day-to-day operations. We have formed
> a new company (NuWave LLC) of which Pacenti Cycle Design will be a
> division. Our main goal for the immediate future is to get Bikelugs.com
> up and running at full speed again, as well as develop more Pacenti
> branded bicycle components. We should have all castings completely
> restocked in 2 months or less.
>
> Long term, we have some exciting things in the works involving some
> */very advanced/* composite materials. I will keep you all posted as to
> our progress in this area; but feel free to contact me privately anytime
> for more info.
>
> Best regards,
>
> Kirk Pacenti
>
> Pacenti Cycle Design
>