The Company that Grew too Fast

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Brian Le Gette and his Wharton classmate and business partner Ron Wilson could not finance the spectacular revenue growth of 180s, a Baltimore-based sports apparel company which had once place 32nd on the INC 500 listing of fast-growing small businesses. Le Gette ultimately had to give up control of the company, and get help from Patriarch Partners, a private equity firm specializing in companies with distressed debt. John Anderson’s story in the November 2005 issue of INC. Magazine gives all of the details.