Mergers, Acquisitions & Investments

Posted June 12, 2024

(BRAIN) — Warner Bros. Discovery has sold Play Sports Network — the parent of cycling website GCN — back to its founders, Simon Wear and Mia Walter.

Posted June 5, 2024

SEATTLE (BRAIN) — Two Three Bird, a cyclist insurance company, has acquired Project 529, a bike-registry and recovery company. 

Posted April 30, 2024

OGDEN, Utah (BRAIN) — Amer Sports has sold ENVE Composites to PV3, a Utah-based private investment firm.

Posted February 1, 2024

HELSINKI (BRAIN) — Enve Composites owner Amer Sports did not meet pricing expectations for its initial public offering over analysts' concerns with its Chinese parent company Anta Sports Products.

Posted January 16, 2024
Photo courtesy Scott Sports

SEOUL, Korea (BRAIN) — South Korean apparel brand Youngone Corp., which acquired a majority share in Scott Sports in 2015, has loaned its subsidiary 150 million Swiss francs ($176 million).

Posted December 6, 2023

WELS, Austria (BRAIN) — Pierer Mobility AG said it has agreements to sell Felt Bicycle, which it acquired in 2021, to a consortium led by a current manager.

Posted November 27, 2023

MINNEAPOLIS (BRAIN) — United Sports Brands, which acquired Pearl Izumi from Shimano in May last year, has been acquired by Norwest Equity Partners. NEP is a previous owner of Shock Doctor, the athletic brand that evolved into USB.

Posted November 22, 2023
New owner promises US assembly and service.

DEERFIELD BEACH, Fla. (BRAIN) — The Serial 1 e-bike brand, which was founded by Harley-Davidson, has been sold to LEV Manufacturing, Inc., formerly known as Life Electric Vehicles, Inc.

Posted November 16, 2023

NEW YORK (BRAIN) — E-bike reseller Upway announced a $30 million Series B investment on Thursday, doubling the brand's total funding to $60 million.

Posted November 15, 2023

DULUTH, Ga. (BRAIN) — Fox Factory announced Wednesday morning that it had completed its acquisition of Marucci Sports, a baseball/softwall equipment brand that also owns the Lizard Skins and Oury grip and handlebar tape brands.

Posted November 3, 2023
Marucci also owns the grip brand Lizard Skins. Fox announced that sales in the bike division were down 58% in the most recent quarter.

WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.

Posted October 5, 2023
John Harrison forges path emphasizing innovation and expanding dealer network.
 Parlee Cycles President and CEO John Harrison.

BEVERLY, Mass. (BRAIN) — Parlee Cycles' John Harrison has a message for retailers and the industry.

Posted September 26, 2023

PITTSBURGH (BRAIN) — Dick's Sporting Goods will close 11 Moosejaw locations, including the outdoor speciality retailer's headquarters in Madison Heights, Michigan, according to the Detroit Free Press.


Subscribe to RSS - Mergers, Acquisitions & Investments