Pin Oak Stud in Versailles has been purchased by Jim and Dana Bernhard, BloodHorse reports.
Based in Baton Rouge, La., Jim Bernhard is the founder and partner of Bernhard Capital Partners, which manages various investments. He expertise comes in the energy services industry field.
The Bernhards are advised by Matt Weinmann of Equine Analysis Systems, and they have already been active buyers at this year's major Kentucky November mixed sales through the first three days of trade. Plans call for Pin Oak to continue as a racing and breeding operation, maintaining the same name.
Pin Oak Stud was founded in the 1950s, owned by Josephine Abercrombie and her father J.S. Abercrombie. Josephine Abercrombie died in January at age 95, leaving behind an operation that bred or raced over 100 stakes winners, including Peaks and Valleys and Broken Vow.
Read more at BloodHorse.
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