GRAND JUNCTION, Colo. (BRAIN) — DT Swiss has opened a sales office in Temecula, Calif. The company said the new office was a "logical and planned next step in our further globalization efforts."
CHANHASSEN, Minn. (BRAIN) — Life Time Fitness, Inc. has agreed to be purchased by the private equity firms Leonard Green & Partners and TPG in a deal valued at more than $4 billion. Other key investors include LNK Partners and Bahram Akradi, Life Time's chairman, president and CEO.
MONTREAL (BRAIN) — The bike business continued to rebound through the final quarter of 2014 for Dorel Industries, the Canadian parent of Cannondale Sports Group and Pacific Cycle, which includes the Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse, Guru Fit and Sugoi brands.
PHILADELPHIA (BRAIN) — Advanced Sports International has bought Phat Cycles, the California-based beach cruiser brand. The purchase also includes the Sterling bicycles brand.
NEWBURY PARK, Calif. (BRAIN) — Giant USA has expanded its inside sales team with the hiring of Marc Martinez.
MOAB, Utah (BRAIN) — Katri Annast came to Moab's Outerbike with a mission: find the perfect replacement for her 2007 Intense Spider, which is showing its age.
BEVERLY, Mass. (BRAIN) — Craft North America has hired DS Specialty Sports to represent the brand in New York, New Jersey, Delaware and Eastern Pennsylvania.
MEQUON, Wis. (BRAIN) — Hayes Bicycle Group has promoted Sean McNally director of sales and marketing. Going into his tenth year with Hayes, McNally has worked with Hayes operations in Asia, in addition to establishing and growing operations in Europe.
LAGUNA HILLS, Calif. (BRAIN) — The latest issue of Bicycle Retailer & Industry News features profiles of 41 influential members of the U.S. industry who are age 35 or under.
SALT LAKE CITY (BRAIN) — POC has named Willie Ford its managing director for North America. Ford will lead sales, marketing, customer service and operational efforts in the U.S. and Canada.
AUSTIN, Texas (BRAIN) — Peer-to-peer global bike share provider Spinlister has launched a decentralized bike share model at the South by Southwest music festival in Austin, Texas, that takes place from March 13-22.
BRENTWOOD, Tenn. (BRAIN) — Swiftwick, a U.S. producer of athletic compression socks, is now having its products distributed by Quality Bike Products.
SANTA FE, N.M. (BRAIN) — BTI is now distributing Doc's Skincare for Athletes products.
BURLINGTON, Vt. (BRAIN) — Terry Bicycles has added two new independent representatives to its sales team.
BERKELEY, Calif. (BRAIN) — Media and cycling industry veteran Jasen Thorpe, has joined the board of directors of the National Interscholastic Cycling Association.
SAN FRANCISCO (BRAIN) — Rumbleship has added parts and distribution company BikeSmart to its growing list of suppliers.
BikeSmart is a distributor of BikeSmart-branded parts & accessories, Creme Cycles and Pure green bicycle lubricants and solvents.
MONTREAL (BRAIN) — Guru Cycles has appointed Lorenzo Salvaggio to serve as the bike brand's CEO.
Salvaggio has more than 35 years of experience in developing and executing organizational strategic directions in the private sectors.
LAGUNA NIGUEL, Calif. (BRAIN) — Organizers of the PressCamp Summer event on Thursday released a list of the confirmed media titles that will attend the June event.
MOAB, Utah (BRAIN) — The first Spring Outerbike consumer expo event opens here Friday, with about 500 participants and 32 exhibitors expected for the three-day event.
BOSTON (BRAIN) —Vittoria Industries North America, the U.S. affiliate of the Italian tire and wheel manufacturer, has appointed Ken Avery vice president of marketing and product.