Mergers & Acquisitions

Posted June 11, 2019

SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.

Posted May 23, 2019
The Bold Unplugged Volume 2 frame.

GIVISIEZ, Switzerland (BRAIN) — Scott Sports has announced "a strategic collaboration" with Bold Cycles, a Swiss brand founded in 2015 known for its innovative carbon full suspension frames, which feature fully enclosed rear shocks.

Posted May 22, 2019

STOCKHOLM (BRAIN) — MIPS has acquired the Canadian helmet technology brand Fluid Inside and its related patent rights. MIPS said the acquisition builds its product offerings with technology that addresses both linear and rotational motions.

Posted May 9, 2019

ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses. 

Posted May 7, 2019
Kip Fyfe (left) and Andrew Buckrell.

COCHRANE, Alberta (BRAIN)  –  Cycling power meter and heart-rate monitor company 4iiii Innovations Inc. expanded its performance-measuring portfolio with the acquisition of STAC Performance indoor trainers.

Posted April 11, 2019

MONTEREY, Calif. (BRAIN) — SRAM has acquired the PowerTap line of bicycle power meters from Saris. The product line includes the PowerTap P2 Pedal power meters and the PowerTap G3 Hub power meter line. Terms of the deal are not being disclosed.

Posted March 12, 2019

PORTLAND, Ore. (BRAIN) — Custom wheel building company Sugar Wheel Works is joining forces with custom bike builders Breadwinner Cycles. The companies are based blocks from each other in Portland.

Posted March 11, 2019

DENVER (BRAIN) — Denver-based Fly Pedals, which makes a platform conversion for clipless pedals, has been purchased by an investor who is looking to acquire other cycling accessory brands. Terms of the deal were not disclosed.

Posted March 8, 2019

SQUAMISH, British Columbia (BRAIN) — Canada-based mountain bike website Pinkbike has acquired the road cycling website CyclingTips.com from BikeExchange.

Pinkbike, founded by Radek Burkat in 1998, claims more than 3 million unique visitors every month.

Posted March 8, 2019

NEW YORK (BRAIN) — Hammerhead, which launched the Android-based Karoo GPS bike computer last year, has closed on a a $4.1 million "Seed Plus" funding round. The investment was led by Primary Venture Partners and KB Partners.

Posted March 6, 2019

MILWAUKEE (BRAIN) — Harley-Davidson Inc. has acquired StaCyc Inc., a producer of electric balance bikes for kids. 

Posted February 28, 2019

LOUISVILLE, Colo. (BRAIN) — The Flagg family, which owns SmartEtailing and is led by QBP founder Steve Flagg and his wife, Mary Henrickson, has purchased Wheels Manufacturing, a U.S. manufacturer of service and repair parts.

Posted February 26, 2019
DeMartini will relaunch the business, which shut down last August

PARK CITY, Utah (BRAIN) — Park City Bike Demos, a Utah retailer that operated with an unusual business model, has been acquired by Robert DeMartini, the new CEO of USA Cycling and former CEO of New Balance.

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