Big Dog Motorcycles owner Sheldon Coleman has hired an investment banking firm to assist in evaluating a possible merger, strategic partnership or sale of Big Dog or its assets. Big Dog and its shareholders will also consider selling additional equity to add capital, other financing options or a recapitalization of the company.
“Given the unprecedented, difficult market conditions, I strongly believe that Big Dog needs to add other equity partners or transition to new ownership to continue to develop and build Big Dog’s innovative products and capitalize on the rebounding economy,” says Coleman, the founder and principal shareholder of the Wichita, Kan.-based motorcycle manufacturer… Details
