• Welcome to ScubaBoard


  1. Welcome to ScubaBoard, the world's largest scuba diving community. Registration is not required to read the forums, but we encourage you to join. Joining has its benefits and enables you to participate in the discussions.

    Benefits of registering include

    • Ability to post and comment on topics and discussions.
    • A Free photo gallery to share your dive photos with the world.
    • You can make this box go away

    Joining is quick and easy. Login or Register now by clicking on the button

FAKE NEWS!!--PADI to be sold once again

Discussion in 'Scuba Industry News' started by Efka76, Jul 2, 2018.

  1. Efka76

    Efka76 Nassau Grouper

    # of Dives: 25 - 49
    Location: Mongolia
    93
    110
    33
    I just found interesting article that private equity fund want to sell PADI. It seems that this might drive PADI prices once again. It is a pity when good organization becomes money greedy monster and tries to squeeze customers without giving them additional value.

    Is Aqua Lung buying PADI? With an asking price of US$1.2B
     
  2. Eric Sedletzky

    Eric Sedletzky Loggerhead Turtle

    # of Dives: 500 - 999
    Location: Santa Rosa, CA
    2,981
    2,275
    113
    It’s too bad when it started as a group of dedicated dive instructors wanting to form an association to make dive training better, and now it seems to be all about the money.
     
  3. mdb

    mdb ScubaBoard Sponsor ScubaBoard Sponsor

    5,739
    4,359
    113
    This article sums it up very well.
     
    Darcy Kieran likes this.
  4. Divegoose

    Divegoose Divemaster

    # of Dives: 1,000 - 2,499
    Location: Vancouver Island
    433
    126
    43
    To quote from the article:

    "In a bit more than a year, Providence approximately doubled the value of their investment in PADI by doing very little more than increasing prices while cutting costs (with lots of layoffs)."

    "PADI has continued to increase the price of their products and services, while continuing to cut costs. If you are a client of PADI (in other words, if you are a PADI dive center or PADI dive professional), you know it’s hard to get any kind of support from PADI nowadays. To start with, there’s almost nobody left to talk to in that building in Rancho Santa Margarita, California!"

    Exemplifies the term "Put Another Dollar In" - prices go up and service goes down. Now I understand why one of my favorite dive centres switched from PADI to SSI. o_O

    Divegoose
     
    Darcy Kieran likes this.
  5. Efka76

    Efka76 Nassau Grouper

    # of Dives: 25 - 49
    Location: Mongolia
    93
    110
    33
    I do not know whether it is true or not but recently I had a discussion with instructor (he is instructor for PADI, SSI and few technical agencies). He mentioned that SSI became really much stronger and start winning over PADI.
     
  6. nadwidny

    nadwidny Instructor, Scuba

    # of Dives: I just don't log dives
    Location: Edmonton, Alberta
    1,785
    360
    83
    That's what private equity funds aim to do, although most of the ones I know about have a 5 year timeline to do so. To be able to do that in much less than that, shows...I'm not sure what it shows. Good for them I guess.
     
    Rhone Man likes this.
  7. KatieMac

    KatieMac Photographer

    # of Dives: 25 - 49
    Location: Small town Ontario, Canada
    1,143
    1,079
    113
    I called them a few times last year doing my AOW. Didn't really have a problem reaching the in CA - well at least in working hours. At the same time, their support to ages to recover my password.
     
  8. KatieMac

    KatieMac Photographer

    # of Dives: 25 - 49
    Location: Small town Ontario, Canada
    1,143
    1,079
    113
    scubadada likes this.
  9. The Chairman

    The Chairman Chairman of the Board

    # of Dives: I just don't log dives
    Location: Cave Country!
    51,118
    16,787
    113
    Yeah, that's pretty much wishful thinking on his part. just because your instructor tells you something doesn't make it so.
     
  10. Saniflush

    Saniflush ScubaBoard Supporter ScubaBoard Supporter

    664
    568
    93
    I can only speak for the couple of times that I have had contact with the PADI office, but I had no problem getting someone on the phone or getting my problem(s) taken care of.
     
    Hoyden likes this.

Share This Page