Mergers & Acquisitions

Posted April 9, 2018

SAN FRANCISCO (BRAIN) — Ride share company Uber has purchased Jump, which operates dockless e-bike share programs in San Francisco and Washington, D.C. Uber had announced earlier this year that its users could reserve Jump e-bikes using the Uber app in San Francisco.  

Posted in Industry News Tagged Bikeshare / Electric bike / Mergers & Acquisitions
Posted March 28, 2018
ANA was the largest investor in the mobile service franchiser; now it is full owner.

KENT, Wash. (BRAIN) — Accell North America has acquired Beeline Bikes, the mobile service franchiser. ANA has been an investor in the company for several years.

Posted in Industry News Tagged Omnichannel / Mobile service / Mergers & Acquisitions
Posted March 21, 2018
Pentland owns brands including Speedo, Mitre, Canterbury and Berghaus.

LIVINGSTON, U.K. (BRAIN) — Endura has been acquired by Pentland Brands Limited, the British family-owned business behind global brand names such as Speedo, Mitre, Canterbury and Berghaus.

Posted in International Tagged Mergers & Acquisitions
Posted March 12, 2018
Terry Precision Bicycles owner Liz Robert and partners were outbid for the assets of the Vermont-based wool clothing brand.

BURLINGTON, Vt. (BRAIN) — A New York City-based investment group, Flour Fund, has purchased the assets of the wool clothing brand Ibex. The fund outbid an offer from a Vermont group that included Liz Robert, the owner of Terry Precision Bicycles.

Posted in Industry News Tagged Mergers & Acquisitions
Posted March 12, 2018
Company will remain in Colorado and continue to be led by co-founder Chris Sugai, who plans an expansion of R&D, marketing and international sales.

DENVER (BRAIN) — After an eventful few months, Niner Bicycles has been purchased by UWHK Ltd., an investment firm with ties to the Huffy Corp. A U.S. Bankruptcy Court judge approved the sale last week and the purchase closed Friday afternoon.

Posted in Industry News Tagged Mergers & Acquisitions
Posted February 20, 2018

MONROVIA, Calif. (BRAIN) — BMX component supplier American Cycle Systems Inc. has acquired Bar Fly, which manufactures mounts for cameras, GPS units and other handlebar-mounted devices. The purchase diversifies ACS’s product line into the enthusiast adult market, the Southern California company stated.

Posted in Industry News Tagged Mergers & Acquisitions
Posted February 20, 2018
Niner co-founders Steve Domahidy (center) and Chris Sugai (right) with former president George W. Bush after a ride in Kennebunkport, Maine, in 2010.

FORT COLLINS, Colo. (BRAIN) — Niner Bikes has been acquired by investment company Emersion International Limited. Chris Sugai, co-founder of the brand, will remain as president and there will be no change to the Colorado-based team or the international distribution network, the company announced. Sugai told BRAIN on Tuesday morning that the sale closes in two to three weeks and he couldn’t say anything more until then.

Posted in Industry News Tagged Mergers & Acquisitions
Posted January 23, 2018

TORONTO (BRAIN) — Onex Corporation, the owner of Emerald Expositions, has completed the purchase of SMG Holdings, a global manager of convention centers, arenas, theaters and other venues.

Posted in Industry News Tagged Mergers & Acquisitions / Interbike
Posted January 22, 2018

LAKE FOREST, Calif. (BRAIN) — Industry veteran Jason Meyerson has made "a significant investment" in RedMonkey Sports, a mountain bike accessories brand. Meyerson said he hopes to expand the brand's domestic and international sales and distribution.

Posted in Industry News Tagged Mergers & Acquisitions / People
Posted December 18, 2017

LINCOLN, Neb. (BRAIN) — Industry veteran Jay Thomas has acquired Champion System USA and has moved the business from Brooklyn, New York, to Lincoln, Nebraska. Thomas, who is the company's new managing director, is its former vice president of sales and marketing.

Posted in Industry News Tagged Mergers & Acquisitions
Posted December 1, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holdings, parent company of the Fox bicycle suspension brands, as well as Race Face, Marzocchi and Easton Cycling, has acquired 80 percent of the shares of Flagship Inc., which does business as Tuscany Motor Company. Tuscany sells aftermarket packages for trucks, including modified Ford trucks repackaged as Tonka and "Special Ops" trucks.

Posted in Industry News Tagged Mergers & Acquisitions
Posted November 27, 2017

FORT COLLINS, Colo. (BRAIN) — A Colorado-based investor group has agreed to purchase Niner Bikes.

Posted in Industry News Tagged Mergers & Acquisitions
Posted November 15, 2017

SAN FRANCISCO (BRAIN) — TSG Consumer Partners has acquired a minority share in the nutrition brand Nuun and Company.

Seattle-based Nuun was founded 13 years ago and is known best for its low-sugar electrolyte tablets. 

Posted in Industry News Tagged Mergers & Acquisitions
Posted November 3, 2017
VF owns Vans, The North Face and Smart Wool

GREENSBORO, N.C. (BRAIN) — VF Corporation has signed a purchase agreement with New Zealand-based wool clothing company Icebreaker Holdings, Ltd.

VF already owns The North Face, Vans, Smart Wool, Timberland and Lee. 

Posted in International Tagged Mergers & Acquisitions
Posted October 18, 2017
Media giant acquires the owner of Bicycling, Runner's World, Men's Health and other titles.

NEW YORK (BRAIN) — Hearst has agreed to acquire the magazine and book businesses of Rodale, the parent of Bicycling magazine and 92 other titles.

Posted in Industry News Tagged Mergers & Acquisitions / Media/Publishing
Posted October 13, 2017
The home of VeloNews and VeloPress in Boulder.

BOULDER, Colo. (BRAIN) — The World Triathlon Corporation has sold VeloNews, along with Triathlete and other media titles, to Pocket Outdoor Media, a company founded by Felix Magowan, a previous owner of VeloNews. The sale was finalized late Thursday.

Posted in Industry News Tagged Mergers & Acquisitions / Media/Publishing
Posted October 5, 2017

CARLSBAD, Calif. (BRAIN) — Triathlon apparel brand Zoot Sport has new ownership. Industry veterans and former Zoot Sports employees Shawn O'Shea and Dan Weatherford have purchased the brand back from Newell Brands and have moved the brand back to Carlsbad.

Posted in Industry News Tagged Mergers & Acquisitions

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