Author Topic: rainwise is now kestrel  (Read 680 times)

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Offline ashland weather

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rainwise is now kestrel
« on: March 04, 2021, 10:28:47 AM »
Their new station is now available on Amazon. 8-)

Offline doubleohwhatever

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Re: rainwise is now kestrel
« Reply #1 on: April 27, 2021, 07:25:44 PM »
Is Kestrel just selling the Rainwise unit under the Kestrel brand or has Kestrel purchased Rainwise?

Offline miraculon

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Re: rainwise is now kestrel
« Reply #2 on: April 28, 2021, 08:30:48 AM »
Is Kestrel just selling the Rainwise unit under the Kestrel brand or has Kestrel purchased Rainwise?

See this.

Greg H.


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Offline waiukuweather

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Re: rainwise is now kestrel
« Reply #3 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?
« Last Edit: April 28, 2021, 02:28:26 PM by waiukuweather »

Offline doubleohwhatever

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Re: rainwise is now kestrel
« Reply #4 on: April 28, 2021, 05:39:49 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

 

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