News
DENVER (BRAIN) — Denver-based Fly Pedals, which makes a platform conversion for clipless pedals, has been purchased by an investor who is looking to acquire other cycling accessory brands. Terms of the deal were not disclosed.
Much Bigger Pond = Much Smaller Frog: The IBD's slice of the e-bike pie is a whole lot smaller than we think it is. It's time we stopped kidding ourselves about that fact ... and start getting a whole lot smarter about what we're going to do about it.
SQUAMISH, British Columbia (BRAIN) — Canada-based mountain bike website Pinkbike has acquired the road cycling website CyclingTips.com from BikeExchange.
Pinkbike, founded by Radek Burkat in 1998, claims more than 3 million unique visitors every month.
KENT, Wash. (BRAIN) — Accell Group N.V. on Friday announced global revenues were up 2.4 percent, but its North American business reported a 36 percent decline in revenue for the year.
Your supply chains have been forever breached, and redefining retail ownership is the key to tomorrow's IBD success.
NEW YORK (BRAIN) — Hammerhead, which launched the Android-based Karoo GPS bike computer last year, has closed on a a $4.1 million "Seed Plus" funding round. The investment was led by Primary Venture Partners and KB Partners.
TAIPEI, Taiwan (BRAIN) — Bryton, a Taiwan-based GPS cycle computer brand, has hired industry veteran Thomas Prehn to help build the brand in North America.
MILWAUKEE (BRAIN) — Harley-Davidson Inc. has acquired StaCyc Inc., a producer of electric balance bikes for kids.
FAIRFAX, Calif. (BRAIN) — On Saturday, March 23 the Marin Museum of Bicycling will host a benefit to support mountain bike pioneer Charlie Cunningham. Cunningham had a tumble from his bike in 2016 and remains in treatment for severe complications suffered during his recovery.
NEW YORK (BRAIN) — Erik Buell, one of the best known names in motorcycle technology, is launching a new brand that will offer an e-bike and electric motorcycle as its first products.
LEVIS, Québec (BRAIN) — HLC has named new directors of sales and marketing for the U.S. and Canada. The distributor, previously called Hawley-Lambert, said it is working to establish a more "country-specific" focus.
LOUISVILLE, Colo. (BRAIN) — The Flagg family, which owns SmartEtailing and is led by QBP founder Steve Flagg and his wife, Mary Henrickson, has purchased Wheels Manufacturing, a U.S. manufacturer of service and repair parts.
SAN LUIS OBISPO, Calif. (BRAIN) — A trio of employees has purchased brick-and-mortar and online retailer Art's Cyclery and has wound down the e-commerce business in favor of focusing on local customers at its new location on California's Central Coast.
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