Mergers, Acquisitions & Investments

Posted November 13, 2015

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. has closed on the previously announced acquisition of the assets of Marzocchi's mountain bike product lines.

Posted November 4, 2015
Company plans to move the brand to Taiwan, will continue some legacy products as it adds new models.

SCOTTS VALLEY, Calif. (BRAIN) — Marzocchi is unlikely to contribute much to Fox Factory’s bottom line for at least a year, Fox executives warned investors Wednesday, saying it will take some time and money to resurrect the Italy-based brand, which is currently dormant.

Posted November 4, 2015
Berkshire Partners-fueled Implus has recently bought TriggerPoint and Balega.

DURHAM, N.C. (BRAIN) — Implus LLC, which owns a variety of outdoor and fitness brands, has bought FuelBelt Inc., the maker of hydration belts and running accessories.

Posted November 2, 2015

BROOKLYN, N.Y. (BRAIN) — Custom clothing brand Verge Sport   has purchased Sommerville Sports, another New York-based brand.

Posted September 2, 2015

STOCKHOLM (BRAIN) — Thule Group has agreed to sell its snow chain business to Schneketten AG – an Austrian company in the snow chain industry, for 10 million euros ($11.2 million) in cash and up to another 10 million euros based on sales in the coming seasons.

Posted July 27, 2015

WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has agreed to sell CamelBak Products LLC to Vista Outdoor Inc. for about $412.5 million.

Posted July 16, 2015

IRVINE, Calif. (BRAIN) — D6 Sports, Inc., the parent company of Hang Ten (a bike and surf/skate brand) and Airwalk (a skate and bike shoe brand), has been sold to PTX Performance Products USA LLC.

Posted July 3, 2015
Dutch conglomerate adds a major mountain bike brand to its portfolio.

ALMERE, the Netherlands (BRAIN) — Pon Holdings, a Dutch conglomerate that owns several bike brands including Cervélo, Focus and Gazelle, has purchased California-based Santa Cruz Bicycles.

Posted June 17, 2015

SANTA CLARA, Calif. (BRAIN) — Intel Corp. has acquired Recon Instruments, the maker of the Recon Jet smart sport sunglass.

Posted June 9, 2015

WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings, the owner of Camelbak, has agreed to buy Fresh Hemp Foods Ltd., a Winnipeg, Manitoba, company that markets hemp-based foods under the Manitoba Harvest brand.

Posted May 4, 2015

HELSINKI (BRAIN) — Amer Sports has agreed to Sports Tracker, a company that offers mobile apps that track sporting activities. Like Amer, Sports Tracker is based in Finland.

Posted April 30, 2015

TORONTO (BRAIN) — Onex Corporation — the parent company of Interbike and Bicycle Retailer — has agreed to sell the Tropicana Las Vegas resort to Penn National Gaming for approximately $360 million. Onex, a private equity firm, is a part owner of the resort and casino.

Posted April 23, 2015

HELSINKI (BRAIN) — Mavic sales in the first quarter of 2015 were about flat compared with last year, the brand's parent company, Amer Sports Corp., announced Thursday.

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