Mergers, Acquisitions & Investments
NEW YORK (BRAIN) — Peloton has agreed to acquire Precor, one of the largest global commercial fitness equipment providers, in a transaction valued at $420 million.
AUSTIN, Texas (BRAIN) — This time last year, Hill Abell was contemplating some big changes at his five Austin stores. Drastic changes.
FLOWER MOUND, Texas (BRAIN) — This year's bike boom left many retailers with empty shelves, bulging bank accounts, and greatly reduced debt. It also left many exhausted. More than a few have decided this was the perfect time to get out of the retail grind, one way or another.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Thursday that it has acquired the BikeFit brand, which sells bike fitting tools, education services and apps.
MONTRÉAL (BRAIN) — After acquiring Race Inc. in July and then securing a long-term licensing agreement to bring the Jeff Bottema fork back to the market, American BMX Company is at it again.
MONTRÉAL (BRAIN) — Dorel Industries has agreed to a buy-out offer from a group backed by Cerberus Capital led by a family group that includes CEO Martin Schwartz and other current Dorel executives.
BOULDER, Colo. (BRAIN) — Pocket Outdoor Media has acquired FinisherPix, a global provider of endurance sports photography. Since its founding in 2010 by Robbie Little and Thomas Reichhold, FinisherPix has photographed over 4.5 million runners, triathletes, and cyclists across 3,000 events in 50+ countries.
BOULDER, Colo. (BRAIN) — Pocket Outdoor Media — the owner of BRAIN, VeloNews, Triathlete, VeloPress, VeloSwap, and Rol Massif in the cycling world — is expanding its portfolio to acquire Rock and Ice, Trail Runner, and Gym Climber magazines, all formerly produced by Big Stone Publishing.
DENVER (BRAIN) — Compass Diversified announced Tuesday that it will acquire BOA Technology Inc., creators of the BOA Fit System for shoes and other products.
CONCORD, N.H. (BRAIN) — Following its purchase by Trek Bicycle, New Hampshire's Goodale's Bike Shops will retain the 100-year-old name, former owner Brad Hill has told the local newspaper.
BRAIN spoke with Life Time's Kimo Seymour about the acquisition announced Tuesday.
NASHUA, N.H. (BRAIN) — Industry sources tell BRAIN that Brad Hill, owner of the three-store New Hampshire chain Goodale's, is about to sell the business to Trek Bicycles. Hill told BRAIN Thursday that he would have no comment.
MONTRÉAL (BRAIN) — Race Inc., a brand that dates to the early days of BMX, has a new owner who plans to return it to prominence in the sport.
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