Mergers, Acquisitions & Investments

Posted February 16, 2016
DeLorme offers mapping products and GPS devices with satellite texting features.

YARMOUTH, Maine (BRAIN) — Garmin Ltd. has agreed to buy DeLorme, a privately-held, Maine-based company that designs and markets consumer GPS tracking devices with two-way communication and navigational capabilities. 

Posted February 12, 2016

LONDON (BRAIN) — U.K. e-commerce businesses Wiggle and Chain Reaction Cycle confirmed Friday that they will merge, pending regulatory approvals. The combined businesses will have annual revenues of more than 300 million pounds ($434 million).

Posted February 3, 2016

ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.

Posted January 28, 2016

SAN DIEGO (BRAIN) — Less than a year and a half after being purchased by a San Diego composites manufacturer, Ellsworth Handcrafted Bicycles has been acquired by a local investor.

Posted January 27, 2016

NEVERS, France (BRAIN) — Look Cycle announced Wednesday that it had bought a controlling interest in another French cycling stalwart, the wheel maker Corima.

Posted January 12, 2016

PORTLAND, Ore. (BRAIN) — The Oregonian is reporting that The Clymb, a daily deal online retailer, was quietly sold to the owner of a similar business, LeftLane Sports, in September.

Posted December 2, 2015

PARIS (BRAIN) — Global ski powerhouse Rossignol is in exclusive talks to buy Time Sport International, it announced Wednesday. Rossignol is looking to diversify to insulate itself from the effects of climate change, which is making the ski market more uncertain.

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.

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