Private Equity Is Ruining a Beloved Fly-Fishing Brand, Retailers Say

Private Equity Is Ruining a Beloved Fly-Fishing Brand, Retailers Say

Simms waders on sale at Duranglers, in Durango, Colorado. Photo: Will Warasila for Bloomberg Businessweek Consolidation has played an increasingly important role in the fly-fishing industry over the past couple of decades—see companies such as Far Bank and Mayfly Outdoors—but interest from private-equity groups is a more recent thing. And according to an article by Andy Becker on Bloomberg.com, many fly-shop owners are unhappy about it. In fact,…