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Mergers/Acquisitions

Posted June 24, 2011

HEERENVEN, The Netherlands (BRAIN)—Accell Group's subsidiary Batavus has acquired all shares in Vartex AB.

Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden. Vartex operates via a nationwide network of dealers.

Posted in North America Tagged Mergers/Acquisitions
Posted June 8, 2011

SAN DIEGO, CA (BRAIN)—Competitor Group, Inc has acquired the SBR Triathlon Series.

Posted in North America Tagged Mergers/Acquisitions
Posted June 2, 2011

SEYMOUR, CT (BRAIN)—The Thule Group has acquired Chariot Carriers Inc., a designer and developer of bicycle trailers and multi-functional child carriers.

Posted in North America Tagged Mergers/Acquisitions
Posted June 1, 2011

LOS ANGELES, CA (BRAIN)—Star Production SARL, owner of the worldwide TriStar Triathlon Series, has acquired Gran Fondo USA, producers of America’s original series of Italian-themed gran fondo cycling events.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

TORONTO, Ontario (BRAIN)—With its pending purchase of the Forzani Group, Canadian Tire Corporation will grow to more than 1,000 retail sports outlets across the country.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers/Acquisitions
Posted May 5, 2011

CHICAGO, IL (BRAIN)—SRAM today announced that it has acquired Quarq Technology Inc., manufacturer of power meters, measurement devices and related accessories for the bike industry. Detailed integration plans with Quarq are being formulated, the company said in a release.

Posted in North America Tagged Mergers/Acquisitions
Posted April 20, 2011

HEERENVEEN, the Netherlands (BRAIN)—Accell Group N.V., via its fully owned subsidiary In2Cycling B.V., has acquired a 5.7 percent stake in the German bicycle group Derby Cycle AG.

Posted in North America Tagged Mergers/Acquisitions
Posted April 5, 2011

CHATTANOOGA, TN (BRAIN)—Kirk Pacenti of Pacenti Cycle Design sold his 12-year old company to the investment group, Top Five, also from Chattanooga, Tennessee.

Posted in North America Tagged Mergers/Acquisitions
Posted March 16, 2011

CHATTANOOGA, TN (BRAIN)—American Bicycle Group has sold its Merlin Metalworks brand to Arkansas-based online retailer Competitive Cyclist.

Posted in North America Tagged Mergers/Acquisitions
Posted December 14, 2010

BEAVERTON, OR (BRAIN)—Yakima has acquired New Zealand based rooftop car rack manufacturer Hubco.

Posted in North America Tagged Mergers/Acquisitions
Posted December 9, 2010

LAKE OSWEGO, OR (BRAIN)—D.A. Davidson & Co. has acquired Silver Steep Partners LLC, an investment banking firm specializing in the outdoor and active lifestyle industry. Silver Steep is the firm responsible for such high profile industry mergers including Oval, Kestrel and Camelbak.

Posted in North America Tagged Mergers/Acquisitions
Posted November 23, 2010

ROTHERHAM, U.K. (BRAIN)--Planet X, a U.K. based Internet bicycle retailer, purchased all of Titus’ assets from Factors Southwest late Tuesday, November 23.

Posted in North America Tagged Mergers/Acquisitions
Posted November 8, 2010

SEYMOUR, CT (BRAIN)—The Thule Group has acquired TracRac Inc., a U.S. manufacturer of transport solutions for professional use.

Posted in North America Tagged Mergers/Acquisitions
Posted September 21, 2010

SCHAFFHAUSEN, Switzerland (BRAIN)—Garmin has acquired MetriGear, the creator of a pedal-based power solution for cycling, as a new component of its growing fitness division.

Posted in North America Tagged Mergers/Acquisitions
Posted July 16, 2010

FRYEBERG, ME (BRAIN)—Longtime employee Jeff Cavicchi is now a minority owner of Downeast Bicycle Specialists, the Northeast’s oldest wholesale distributor. Doug Moore remains the majority owner, and will continue in his position as president at the company’s Fryeburg, Maine facility.

Posted in North America Tagged Mergers/Acquisitions
Posted June 6, 2010

GRAND RAPIDS, MI (BRAIN)—Industry retail veteran Patrick "P.J." McDonald has joined Michigan-based Slingshot Bicycle Company as its new majority partner.

Posted in North America Tagged Mergers/Acquisitions
Posted May 27, 2010

LEOMINSTER, MA (BRAIN)—Northern California-based The Hive, known for its cranksets and hubs, has bought E.Thirteen, which was owned by suspension guru Dave Weagle. The Massachusetts-based company is best known for its chain retention systems.

Posted in North America Tagged Mergers/Acquisitions
Posted March 11, 2010

SANTA CLARITA, CA (BRAIN)—Corsair Bikes have new owners as Mike Flaherty and Froggy Khu of Atomlab, along with Pablo Tafoya—the designer of Corsair frames—have purchased the company from original founder and industry veteran Doug Stuart.

Posted in North America Tagged Mergers/Acquisitions

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