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Weather Station Hardware => Rainwise Weather Stations => Topic started by: ashland weather on March 04, 2021, 10:28:47 AM

Title: rainwise is now kestrel
Post by: ashland weather on March 04, 2021, 10:28:47 AM

Their new station is now available on Amazon. 8-)

Title: Re: rainwise is now kestrel
Post by: doubleohwhatever on April 27, 2021, 07:25:44 PM

Is Kestrel just selling the Rainwise unit under the Kestrel brand or has Kestrel purchased Rainwise?

Title: Re: rainwise is now kestrel
Post by: miraculon on April 28, 2021, 08:30:48 AM

Quote from: doubleohwhatever on April 27, 2021, 07:25:44 PM

Is Kestrel just selling the Rainwise unit under the Kestrel brand or has Kestrel purchased Rainwise?

See this (https://rainwise.com/nielsen-kellerman-acquires-rainwise-inc-manufacturer-professional-grade-weather-stations).

Greg H.

Title: Re: rainwise is now kestrel
Post by: waiukuweather on April 28, 2021, 02:24:28 PM

Quote

Clearview Capital is currently making investments from Clearview Capital Fund IV, L.P., a $550 million vehicle

from the above link
which gives the impression that its acquiring businesses at a bargain?

Title: Re: rainwise is now kestrel
Post by: doubleohwhatever on April 28, 2021, 05:39:49 PM

Quote from: waiukuweather on April 28, 2021, 02:24:28 PM

which gives the impression that its acquiring businesses at a bargain?

Rainwise has been a somewhat stagnate brand for a while which made it ripe for acquisition.

I guess the question now is what will happen in the long term. Did NK/ClearView just want the IP/weather station expertise, did they just want the brand, or did they want both? Who knows.

Personally, I feel like the Rainwise brand has never been as strong as Davis, RM Young, etc. To me Rainwise is in the "upper end consumer/lower end professional" market and Davis is just an overall better value there. Just my $0.02