Maggie Sellers Reum
speaker
6,321 appearances
20 recordings
1 series
first heard May 2026
last heard 5d ago
Maggie Sellers Reum’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 20 in all, peaking in Jul 2026 with 6.
Appearances
It had attractive margins, and in the press release announcing the acquisition by Samsungite Group, it was expected to further enhance their net sales growth profile.
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But what really
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We need to talk about as it relates to base being sold, is that the numbers at first glance don't make sense to me.
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According to the press release, the transaction's total enterprise value was $210 million on a cash-free, debt-free basis.
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Samsungite would acquire 85% of base for $178.5 million.
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Shea would actually keep her 15% ownership stake, and Beach House Group, which is the majority shareholder of
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Base the incubator.
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Would sell its full 70% ownership stake as part of the transaction.
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Everyone's celebrating this acquisition, but to me, the thing that I'm still stuck on is this fast growing brand that's keeping its CEO to retain leadership at the company.
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She's
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CEO named Adela Hussein Johnson.
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Okay.
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She is going to be continuing on.
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Shea is taking 15% of her equity.
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She's obviously cashing out 15% of it.
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What is the real story about what's going on here?
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Because why would they sell the company for 200 and
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10 million dollars when that's how much revenue they're making.
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Showing 761–780 of 6,321 · page 39 of 317
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