You are here

Feedback Sports acquires Scorpion Bike Stands

Published April 11, 2016

GOLDEN, Colo. (BRAIN) — Colorado-based Feedback Sports has acquired Scorpion Bike Stands LLC, which was based in Dana Point, California. The purchase includes patents and trademarks associated with the Scorpion bicycle stand developed by Scorpion founder Mike Diorio. The Scorpion stand attaches quickly to a bike's crank axle for tune-ups, display or storage.

Ryan Hagy and Mike Diorio started Scorpion Bike Stands in 2013. "We really wanted to see the product we created taken to the next level and we feel Feedback Sports is the company to do it," said Diorio. He jokingly added, "I'll be happy to stop bending and welding tubes in the near future."

Feedback Sports' founder Doug Hudson said, "We liked the Scorpion Stand the first time we saw it at Sea Otter 2014. When Ryan and Mike approached us about a potential deal, we were very interested. It's a natural complement to our product family."

Feedback is now taking dealer orders for the Scorpion products and will start shipping within the next two weeks.

Topics associated with this article: Mergers & Acquisitions

Join the Conversation