Mergers, Acquisitions & Investments

Posted October 10, 2022
The Fetzer family retiring after 42 years of ownership.

JACKSONVILLE, Fla. (BRAIN) — Trek Bicycle Company has purchased longtime shop LakeShore Bicycles. LakeShore Bicycles owner Charlie Fetzer made the announcement on his Facebook page Thursday.

Posted September 20, 2022

LEXINGTON, Ky. (BRAIN) — Private equity firm MiddleGround Capital announced Tuesday that it acquired HLC. Terms of the deal were not disclosed.

Posted September 15, 2022

TACHERTING, Germany (BRAIN) — PIERER Industrie AG has acquired a majority stake in the component brand Syntace and its bike brand, Liteville.

Posted September 6, 2022

AMSTERDAM (BRAIN) — Pon.Bike, owner of Cannondale, Cervelo, Santa Cruz, Gazelle and other brands, has announced plans to buy the Dutch e-bike brand Veloretti. Veloretti was founded 10 years ago and sells bikes consumer direct in Europe.

Posted August 15, 2022

The bike industry is changing fast. But so is the rate of change itself.

Posted August 14, 2022

PONTIAC, Mich. (BRAIN) — Co-owner Michael Reuter and Kenny Stonehouse are selling their eight-store retail chain, American Cycle & Fitness, to Trek Bicycle. 

Posted August 10, 2022

BLACKSBURG, Va. (BRAIN) — East Coasters Bike Shops co-owner Wesley Best was unusually busy Tuesday, but it had little to do with running the two stores that he and Chris Betz have operated since 2005.

Posted August 8, 2022

DENKENDORF, Germany (BRAIN) — Canada's Bombardier Recreational Products has taken a majority share in Pinion GmbH, the German maker of gearbox drivetrains for bikes and e-bikes.

BRP is the owner of Ski-Doo and Sea-Doo, among other brands, including Rotax and Great Wall Motor Austria powertrain systems.

Posted July 29, 2022
LeBron James (left) and Maverick Carter at a 2019 event. Getty photo.

KOBLENZ, Germany (BRAIN) — Canyon Bicycles announced Friday that two investment groups have taken "strategic equity investments" totaling $30 million in the Germany-based company.

Posted July 27, 2022

ANOKA, Minn. (BRAIN) — Vista Outdoor has agreed to acquire Simms Fishing Products, a Montana-based sports fishing gear brand.

Posted July 27, 2022

MILAN (BRAIN) — Investment holding company Italmobiliare is acquiring the cycling and motorcycling footwear company Sidi Sport for 66 million euros ($66.8 million).

Posted July 11, 2022

COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes acquired Terrene Tires from Krueger Outdoor Inc.

Posted July 6, 2022

ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.


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