Mergers & Acquisitions

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.

Posted in International Tagged Mergers & Acquisitions
Posted April 22, 2015
Brand synergy?

HELSINKI, Finland (BRAIN) — Amer Sports has completed the acquisition of Louisville Slugger, which it first announced about a month ago.

Posted in International Tagged Mergers & Acquisitions
Posted March 23, 2015

HELSINKI (BRAIN) — Amer Sports, the owner of Mavic and several other outdoor sports brands, has added to its ball sports division with the purchase of the Louisville Slugger brand.

Posted in North America Tagged Mergers & Acquisitions
Posted March 17, 2015

CHANHASSEN, Minn. (BRAIN) — Life Time Fitness, Inc. has agreed to be purchased by the private equity firms Leonard Green & Partners and TPG in a deal valued at more than $4 billion. Other key investors include LNK Partners and Bahram Akradi, Life Time's chairman, president and CEO.

Posted in North America Tagged Mergers & Acquisitions / Racing & Sponsorship
Posted March 16, 2015
Pat Cunnane (left) and David Menahem.

PHILADELPHIA (BRAIN) — Advanced Sports International has bought Phat Cycles, the California-based beach cruiser brand. The purchase also includes the Sterling bicycles brand.

Posted in North America Tagged Mergers & Acquisitions
Posted March 13, 2015

WACO, Tex. (BRAIN) – Texas Endurance Sports, which operates five Bicycle World and BW Multi-Sport Pro Shop retail locations throughout the state, has completed a merger with Austin multisport retailer Jack Murray, owner of Jack & Adam’s Bicycles.

Posted in Retail News Tagged Mergers & Acquisitions
Posted February 25, 2015

BREMBATE, Italy (BRAIN) — Cervélo co-founder Gerard Vroomen has teamed with René Wiertz — the current president and CEO of 3T — to buy the component company.

Posted in North America Tagged Mergers & Acquisitions
Posted February 4, 2015

CARLSBAD, Calif. (BRAIN) — Zoot Sports, an endurance footwear and apparel brand, recently completed its previously announced acquisition of Squadra, a designer and manufacturer of custom cycling and triathlon apparel.

Posted in North America Tagged Mergers & Acquisitions
Posted January 15, 2015

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin Ltd. has acquired iKubu (Pty) Ltd., a South African company that has developed a rear-facing radar system for bicyclists. iKubu introduced its Backtracker device at the Eurobike show last summer.

Posted in International Tagged Mergers & Acquisitions
Posted January 7, 2015

WATERLOO, Iowa (BRAIN) — GravelGrinderNews.com, a calendar of events for gravel racing and riding founded in 2008 by Mark "Guitar Ted" Stevenson, is merging with RidingGravel.com, a news site and forum for gravel rid

Posted in North America Tagged Web/Internet / Mergers & Acquisitions / Media/Publishing
Posted December 11, 2014

AMSTERDAM (BRAIN) — Reed Business BV, owner of Bike Europe, plans to sell off the European trade magazine along with 16 other business-to-business magazines and brands to Dutch publishing house B+B Vakmedianet.

Posted in International Tagged Mergers & Acquisitions / Media/Publishing

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