ORLANDO, Fla. (BRAIN) — Recumbent trike maker Catrike has made Inc. Magazine's annual list of the the nation's fastest-growing private companies.
The company, founded in 2000, said it has recorded 58 percent growth in the last three years.
CHICAGO (BRAIN) — SRAM veterans Sander Rigney and Ron Ritzler have each joined the company's senior management team in vice president roles.
NORTH LITTLE ROCK, Ark. (BRAIN) — Orbea has relocated its North American headquarters to a new facility more than double the size of its previous home in Little Rock, Arkansas.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products said it’s filling four key sales positions. The distributor said it’s an investment in specialty retail, with more dedicated resources to accommodate its Dealer’s Choice program and to help dealers thrive.
SCOTTS VALLEY, Calif. (BRAIN) — Bell Helmets and Blackburn is adding three people to product and marketing. The new hires will assist with the introduction of several new products and carry forward consumer marketing programs such as Bell Built, Joy Ride and Blackburn Ranger programs.
LOUISVILLE, Colo. (BRAIN) — After more than 13 years supplying apparel and footwear for runners, Pearl Izumi will exit the business and focus completely on its core cycling business, the company said. “This is a tough decision, but it’s time to recommit to our core,” said Mike O’Connor, president of Pearl Izumi.
PORTLAND, Ore. (BRAIN) — Cyclone Bicycle has signed as the exclusive U.S. distributor for Exposure Lights, designed and manufactured in the U.K. by Ultimate Sports Engineering.
BOSTON and LAKE OSWEGO, Ore. (BRAIN) — The car sharing network Zipcar said it will equip its vehicles with bike, ski and surfboard carriers in North America so members can enjoy outdoor adventures and activities outside of the city without the cost and hassle of owning a car.
BOSTON (BRAIN) — Vittoria has released 2017 pricing and the company slashed prices across its entire range of tires.
SANTA FE SPRINGS, Calif. (BRAIN) — Bravo Sports Corp. has hired Jeff Balaban, Kyle Brookey and Dave Davenport as it expands its product and sales management team.
Bravo Sports owns several brands in the action sports and outdoor/lifestyle segments including Pro-Tec, SixSixOne and One Industries.
WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings sold 3.5 million shares of Fox Factory’s common stock, totaling $63 million in net proceeds. As a result, Compass’ ownership in Fox Factory Holding Corp. is reduced from 33 percent to 23 percent, or 8.6 million shares.
PHILADELPHIA (BRAIN) — Advanced Sports International has bought the nation’s largest bicycle retailer, Performance Bicycle, including its 106 stores, private-label brands Forte, Spin Doctor, Transit and Scattante, and online businesses Performancebike.com and Nashbar.com.
OGDEN, Utah (BRAIN) — Amer Sports has formed the “Cycling Anticipation Group” made up of its two cycling brands, Enve and Mavic, and named Matt Robertson to lead the initiative. Robertson previously guided the development and direction of Shimano’s mountain bike product line.
VENTURA, Calif. (BRAIN) — Zeitbike is now the exclusive U.S. and Canadian distributor of Classified Nutrition products.
MIAMI (BRAIN) — J&B Importers has acquired Alienation, the Mill Valley, California-based BMX aftermarket and OEM component brand.
Alienation is best known for its front-specific BMX rim, and for its wheel systems using TCS (Tubeless Compatible System), licensed from WTB.
BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association has come up with a new award to honor exceptional volunteers and their IMBA chapters. The new award is named for Scott "Superman Scud" Scudamore, a volunteer, activist and bike retail salesman from Virginia.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is organizing a volunteer service project to help build new singletrack trails just before its inaugural Fall CycloFest festival, which will be held in October at the U.S. National Whitewater Center, in Charlotte, North Carolina.
SALT LAKE CITY (BRAIN) — Vista Outdoor saw sales increase to $630 million in its second quarter, as revenue from its new acquisitions of Bell, Giro, Jimmy Styks and CamelBak kicked in.
BOSTON (BRAIN) — Vittoria Industries North America has added Catlike to its list of distributed brands. VINA will distribute Catlike helmets, shoes and glasses exclusively across the U.S.
Previously, Catlike was distributed by Hawley-Lambert.
SAN DIEGO (BRAIN) — Stromer USA has added several independent sales reps in key territories to better service its dealers. The changes are part of a plan to grow its dealer base in response to increased demand in the U.S. for its Swiss-designed lineup of speed pedelecs, the company said.