Mergers & Acquisitions

Posted April 25, 2018

NEW YORK (BRAIN) — Hearst Magazines has taken a minority stake in Gear Patrol, a "men's enthusiast media company" that operates partly on an affiliate e-commerce model. Last year Hearst bought Rodale, including its Bicycling magazine title.

Posted in Industry News Tagged Mergers & Acquisitions / Media/Publishing
Posted April 9, 2018

SAN FRANCISCO (BRAIN) — Ride share company Uber has purchased Jump, which operates dockless e-bike share programs in San Francisco and Washington, D.C. Uber had announced earlier this year that its users could reserve Jump e-bikes using the Uber app in San Francisco.  

Posted in Industry News Tagged Bikeshare / Electric bike / Mergers & Acquisitions
Posted March 28, 2018
ANA was the largest investor in the mobile service franchiser; now it is full owner.

KENT, Wash. (BRAIN) — Accell North America has acquired Beeline Bikes, the mobile service franchiser. ANA has been an investor in the company for several years.

Posted in Industry News Tagged Omnichannel / Mobile service / Mergers & Acquisitions
Posted March 21, 2018
Pentland owns brands including Speedo, Mitre, Canterbury and Berghaus.

LIVINGSTON, U.K. (BRAIN) — Endura has been acquired by Pentland Brands Limited, the British family-owned business behind global brand names such as Speedo, Mitre, Canterbury and Berghaus.

Posted in International Tagged Mergers & Acquisitions
Posted March 12, 2018
Terry Precision Bicycles owner Liz Robert and partners were outbid for the assets of the Vermont-based wool clothing brand.

BURLINGTON, Vt. (BRAIN) — A New York City-based investment group, Flour Fund, has purchased the assets of the wool clothing brand Ibex. The fund outbid an offer from a Vermont group that included Liz Robert, the owner of Terry Precision Bicycles.

Posted in Industry News Tagged Mergers & Acquisitions
Posted March 12, 2018
Company will remain in Colorado and continue to be led by co-founder Chris Sugai, who plans an expansion of R&D, marketing and international sales.

DENVER (BRAIN) — After an eventful few months, Niner Bicycles has been purchased by UWHK Ltd., an investment firm with ties to the Huffy Corp. A U.S. Bankruptcy Court judge approved the sale last week and the purchase closed Friday afternoon.

Posted in Industry News Tagged Mergers & Acquisitions
Posted February 20, 2018

MONROVIA, Calif. (BRAIN) — BMX component supplier American Cycle Systems Inc. has acquired Bar Fly, which manufactures mounts for cameras, GPS units and other handlebar-mounted devices. The purchase diversifies ACS’s product line into the enthusiast adult market, the Southern California company stated.

Posted in Industry News Tagged Mergers & Acquisitions
Posted February 20, 2018
Niner co-founders Steve Domahidy (center) and Chris Sugai (right) with former president George W. Bush after a ride in Kennebunkport, Maine, in 2010.

FORT COLLINS, Colo. (BRAIN) — Niner Bikes has been acquired by investment company Emersion International Limited. Chris Sugai, co-founder of the brand, will remain as president and there will be no change to the Colorado-based team or the international distribution network, the company announced. Sugai told BRAIN on Tuesday morning that the sale closes in two to three weeks and he couldn’t say anything more until then.

Posted in Industry News Tagged Mergers & Acquisitions
Posted January 23, 2018

TORONTO (BRAIN) — Onex Corporation, the owner of Emerald Expositions, has completed the purchase of SMG Holdings, a global manager of convention centers, arenas, theaters and other venues.

Posted in Industry News Tagged Mergers & Acquisitions / Interbike
Posted January 22, 2018

LAKE FOREST, Calif. (BRAIN) — Industry veteran Jason Meyerson has made "a significant investment" in RedMonkey Sports, a mountain bike accessories brand. Meyerson said he hopes to expand the brand's domestic and international sales and distribution.

Posted in Industry News Tagged Mergers & Acquisitions / People
Posted December 18, 2017

LINCOLN, Neb. (BRAIN) — Industry veteran Jay Thomas has acquired Champion System USA and has moved the business from Brooklyn, New York, to Lincoln, Nebraska. Thomas, who is the company's new managing director, is its former vice president of sales and marketing.

Posted in Industry News Tagged Mergers & Acquisitions

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