G&L, the last guitar company founded by Leo Fender, ceased operations quietly in the fall of 2025. The parent company, BBE Sound Inc., officially dissolved its corporate status on October 28, 2025. This ending marks a new era as the legacy and intellectual property are seemingly absorbed by Fender Musical Instruments Corporation (FMIC). G&L's closure brings one chapter to a close. However, this ending marks the beginning of a new era, as the spirit and legacy of the company are poised to evolve under the ownership of Fender, bringing Leo Fender's final innovations back under the umbrella of his original namesake company.