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Case
| HBS Case Collection
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1999
(Revised from original 1998 version)
Spyder Active Sports, Inc. and CHB Capital Partners (A)
by
John A. Davis, Louis B. Barnes and Peter K. Botticelli
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Abstract
After establishing a small but profitable skiwear business, an entrepreneur decides to sell a minority stake in the firm to outside investors. His goal is to acquire the capital needed to grow the business, even though this will entail a substantial transformation of the firm's management and financial structure. This case examines the resulting private equity transaction from both the company's point of view and that of outside investment.