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Mergers/Acquisitions

Posted November 14, 2013

BALTIMORE, MD (BRAIN) — Sports clothing brand Under Armour has paid $150 million for MapMyFitness, the digital fitness mapping company that claims to have more than 20 million registered users. 

Posted in Industry News Tagged Mergers/Acquisitions
Posted November 7, 2013

SCOTTS VALLEY, CA (BRAIN) — Fox has completed the acquisition of its German distributor and service center, Toxoholics GmbH, for $2.3 million, the company told investors on an earnings call Wednesday. 

Posted in International Tagged Mergers/Acquisitions
Posted October 22, 2013

MONTREAL, Quebec (BRAIN) — Dorel announced Tuesday that its Cannondale brand acquired a majority ownership of the Cannondale Pro Cycling team and Brixia Sports and that it had ended discussions with Tinkoff Credit Systems.

Posted in North America Tagged Mergers/Acquisitions / Competition
Posted October 22, 2013

SAN MATEO, CA (BRAIN) — Action camera giant GoPro has acquired website and software developer General Things, Inc.

Posted in North America Tagged Mergers/Acquisitions
Posted October 15, 2013

BOULDER, CO (BRAIN) — The NPD Group has agreed to buy Leisure Trends Group, a Boulder-based market research company that tracks retail and wholesale sales and inventory figures in the bike industry.

Posted in North America Tagged Mergers/Acquisitions
Posted September 17, 2013

LAS VEGAS, NV (BRAIN) — As Interbike opens Wednesday, Jamis is releasing the news that it has bought the cruiser brand Nirve Sport.

Posted in Industry News Tagged Mergers/Acquisitions / Interbike
Posted September 17, 2013

Editor's note: This article has been edited to clarify that LeMond LLC has not acquired LeMond LLC, but had become the exclusive distributor of Time frames and bikes, as well as a non-exclusive distributor of Time pedals.

Posted in Industry News Tagged Mergers/Acquisitions / Interbike
Posted September 11, 2013

INDIANAPOLIS, IN (BRAIN) — Joshua Poertner, the former technical director of Zipp Speed Weaponry, has purchased the legendary Italian pump brand, Silca, and plans to relocated the brand and all its production to Indianapolis.

Posted in International Tagged Mergers/Acquisitions
Posted August 6, 2013

MILAN, Italy (BRAIN)—Luxottica Group reported for a second straight quarter that strong performance in its wholesale division, which includes Southern California-based Oakley, helped propel improved sales for the Italian eyewear company.

Posted in International Tagged Mergers/Acquisitions / Earnings/Financial Reports
Posted August 4, 2013

FRYEBURG, ME (BRAIN) – Maine-based distributor Downeast Bicycle Specialists has been sold to the Hans Johnsen Company of Dallas, Texas, the companies announced this weekend.

Posted in North America Tagged Mergers/Acquisitions
Posted July 2, 2013

BEVERLY, MA (BRAIN) — New Wave AB, the Sweden-based owner of the Craft clothing brand, has bought North American distribution rights to the brand from Karhu North America, which had been distrbuting Craft here since 1999.

Posted in North America Tagged Mergers/Acquisitions
Posted June 19, 2013

NEW YORK, NY (BRAIN) — Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February.

Posted in Industry News Tagged Mergers/Acquisitions
Posted June 17, 2013
Jet Lites owners Mike Henderson, left, and Jim Scripps take a bridge break near Downieville, California

RENO, NV (BRAIN) — Light maker Jet Lites has been purchased by Mike Henderson and Jim Scripps.

Posted in Industry News Tagged People / Mergers/Acquisitions
Posted June 17, 2013
Interbike's parent is renamed Emerald Expositions

TORONTO, Ontario (BRAIN) — Onex Corporation has completed its purchase of Nielsen Expositions, the owner of Interbike, for $950 million.

Posted in North America Tagged Mergers/Acquisitions / BRAIN News / Interbike
Posted May 21, 2013

SAN CLEMENTE, CA (BRAIN) — GrindMedia, which owns Bike and Paved magazines, among others, has purchased TransWorld's action sports brands, which include TransWorld RideBMX as well as its surf, snow and moto titles.

Posted in North America Tagged Web/Internet / Mergers/Acquisitions / Media/Publishing
Posted May 6, 2013

SAN JUAN CAPISTRANO, CA (BRAIN) — Canada-based Onex Corp. has agreed to buy Nielsen Expositions, the owner of Interbike and the Outdoor Retailer shows, from Nielsen Holdings for $950 million.

Posted in Industry News Tagged Mergers/Acquisitions
Posted April 18, 2013

VAN NUYS, CA (BRAIN) — On Wednesday the Reuters news service, citing unnamed sources, reported that Easton-Bell Sports owner Fenway Partners was getting ready to sell the company.

Posted in Industry News Tagged Mergers/Acquisitions / Sea Otter Classic
Posted March 28, 2013

TEMPE, AZ (BRAIN) — Pivot Cycles will complete the sale of its 50 percent ownership in BH USA to BH Europe on April 1, enabling Pivot to go forward focusing solely on its mountain bike business. 

Posted in North America Tagged Mergers/Acquisitions
Posted March 11, 2013

NEW YORK, NY (BRAIN) — The owner of Interbike may be for sale, industry trade site

Posted in Industry News Tagged Mergers/Acquisitions / Interbike
Posted February 28, 2013

SEATTLE, WA (BRAIN) — A newly formed investment group has purchased carbon wheel manufacturer Mad Fiber, the first of several bike industry acquisitions it's eyeing in 2013. 

Posted in Industry News Tagged Mergers/Acquisitions

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