Mergers, Acquisitions & Investments
CHICAGO (BRAIN) — SRAM announced Wednesday the acquisition of cycling computer brand Hammerhead. The transaction was completed Dec. 30.
SEATTLE (BRAIN) — Kona Bicycles has been acquired by Kent Outdoors, a Ohio-based company that was known until Wednesday as Kent Water Sports. Kent Outdoors owns several outdoor sports and watersport brands, including the Arbor snowboard brand.
VANTAA, Finland (BRAIN) — Amer Sports has sold the Finnish adventure wearables brand Suunto to Liesheng, a Chinese technology brand. Amer is the parent of Enve Composites, Louisville Slugger, Arcteryx, Wilson and other brands, and the former owner of Mavic.
BALTIMORE (BRAIN) — Trek Bicycles has purchased Maryland's Race Pace Bicycles, which has seven locations in the Baltimore area.
Owner Alex Obriecht announced the sale this week to employees, and later to consumers on social media.
OLD FORT, N.C. (BRAIN) — With the assistance of a group of North Carolina investors, Kitsbow employees have purchased the majority shares of the cycling apparel brand after 10 years of private ownership.
MONTRÉAL (BRAIN) — Dorel Industries has completed its sale of Dorel Sports — which includes Cannondale, Schwinn, GT, Mongoose and other bike brands — to Pon Holdings, for $810 million. The planned acquisition was announced in October.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. is acquiring the hunting gear brand Stone Glacier, which will be part of its outdoor products segment. Vista Outdoor's Action Sports segment includes Bell, Giro, Blackburn and Quietkat.
SYDNEY, Australia (BRAIN) — BikeExchange, the Australia-based marketplace, has acquired Kitzuma, a bike-shipping service that launched last December.
BIEL, Switzerland (BRAIN) — DT Swiss will acquire disc brake company Trickstuff. The acquisition is expected to be completed on Jan. 1.
IRVINE, Calif. (BRAIN) — A global consumer brand investment firm announced an investment in Pedego Electric Bikes. Verlinvest's undisclosed amount will be used to increase the number of Pedego stores and inventory, and support innovation.
NEW YORK (BRAIN) — After a merger with Signa Sports United — which calls itself "the hidden champion of sports e-commerce" — well-known bike e-commerce sites Wiggle and Chain Reaction are part of a publicly-traded retail group with about $1.8 billion in annual sales, much of it in the bike segment.
LONDON (BRAIN) — Bike.Rent Manager, a bike rental software platform, has secured 490,000 pound ($648,000) investment in a recent funding round in partnership with Universum Wealth. BRM said it is profitable and growing fast with customers in over 27 countries.
ALPHARETTA, Ga. (BRAIN) — New cycling component company RP Designs has acquired mountain bike brand Ellsworth from the ASG Group. RP Designs and Ellsworth will offer a complete bike lineup, components, and accessories.
Pages
Upcoming Events
1600 Pearl St., Ste 300
Boulder, CO 80302
This website copyright © 2025.
All rights reserved
