Mergers, Acquisitions & Investments
PETALUMA, Calif. (BRAIN) — Australian consumer-direct retailer Bicycles Online has entered the North American market with an exclusive partnership with Polygon Bikes.
VIMPERK, Czech Republic (BRAIN) — Rouvy, a virtual riding platform, has acquired UK-based CycleRecon and its route video recording business
ATLANTA (BRAIN) — Wahoo Fitness acquired training platform The Sufferfest, continuing a trend of consolidation in the indoor cycling and training world.
ANOKA, Minn. (BRAIN) — Vista Outdoor, owner of Bell, Giro, CamelBak and other bike-related brands, has completed the sale of its Savage Arms and Stevens firearms brands for $170 million to Long Range Acquisition LLC.
STOCKHOLM (BRAIN) — MIPS has agreed to purchase the GlideWear brand and patent rights associated with the GlideWear technology from Tamarack Habilitation Technologies, Inc. for about $1 million.
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.
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.
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.
ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses.
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.
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.
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.
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.
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