Larry Smith developed the original Scarab boats. He then licensed the trademark to Wellcraft and contunued to develop subsequesnt boats/designs for them. He also built some boats on his own under Team Scarab and then after the license agreement w/ Wellcraft expired in 2002. Around 2006 or so Wellcraft purchased the Scarab trademark outright from Larry Smith. The 43 molds were then sold to Eliminator