#acquisitions

Gary Roethenbaugh

Nov 10, 2017
2 min

XSU acquires XTERRA to extend as sports lifestyle brand

XTERRA Sports Unlimited (XSU) has today announced the acquisition of TEAM Unlimited, the Hawaii-based television, events and marketing company that brought off-road triathlon and trail running to the world under the brand name XTERRA. The transaction is seen to ‘represent a strategic decision to extend the brand into performance and lifestyle product categories while building upon and improving the XTERRA race experience.’ XSU, which also owns XTERRA Global was formed by a gr

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WiggleCRC confirms acquisition of retail specialist Bike24 in Germany

Gary Roethenbaugh

Oct 23, 2017
2 min

WiggleCRC confirms acquisition of retail specialist Bike24 in Germany

WiggleCRC, the leading online retailer of cycling, running, swimming and triathlon products and accessories, has today confirmed the acquisition of Bike24. Bike24 is a leading German e-commerce retailer of cycling and tri-sports equipment, accessories and apparel, which also operates in the markets of Austria and Switzerland. WiggleCRC notes that Bike24 is a fast growing and profitable business, operating in Europe’s largest cycle market, with reported revenues in 2016 of €84

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Communities & sports divisions of ACTIVE Network acquired

Gary Roethenbaugh

Sep 8, 2017
3 min

Communities & sports divisions of ACTIVE Network acquired

Global Payments has reportedly completed the acquisition of the communities and sports divisions of ACTIVE Network, according to a release from the company this week and a news item via Nasdaq. The deal was funded in cash and stock; and Global Payments reportedly used its revolving credit facility to fund the cash consideration of US$600 million. Full terms of the transaction were not disclosed in the release from Global Payments; although it is understood to be in the region

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RZC Investments secures majority stake in Rapha

Gary Roethenbaugh

Aug 8, 2017
2 min

RZC Investments secures majority stake in Rapha

Cycling lifestyle brand Rapha has announced that US-based RZC Investments is now the majority shareholder in the business. Rapha has been owned since launch by Simon Mottram and a group of founder shareholders, including lead investor, Active Partners. As reported by Sky News, RZC Investments was set up by Steuart and Tom Walton, both grandsons of Sam Walton, the founder of retail giant Walmart. RZC Investments is backing Rapha founder Simon Mottram and his leadership team to

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IRONMAN hits a home run with Competitor Group acquisition

Gary Roethenbaugh

Jun 2, 2017
2 min

IRONMAN hits a home run with Competitor Group acquisition

IRONMAN has acquired 100% of Competitor Group Holdings (CGI). A release from Wanda Sports owned IRONMAN noted that, ‘The combined entity further establishes IRONMAN as the leading endurance sports organization in the world.’ “This is an important step in the growth IRONMAN has seen over the last decade,” said Andrew Messick, Chief Executive Officer for IRONMAN. “As a globally recognized endurance brand, the acquisition of the world’s largest running platform puts us in an exc

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And another deal! Human Race takes on the Fred Whitton Challenge

Gary Roethenbaugh

May 2, 2017
3 min

And another deal! Human Race takes on the Fred Whitton Challenge

The guardians of the Saddleback Fred Whitton Challenge and the local Lakes Road Club in Cumbria have decided, 'after nurturing the legend of Fred through this iconic sportive since 1999', to team up with mass event organisers Human Race, itself owned by Tour de France owners (Amaury Sport Organisation, A.S.O) to help continue to develop the event 'for many years to come'. Terms of the deal were not disclosed. This latest agreement to take on the reigns of the iconic Fred Whit

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Expanding to the masses: Human Race acquires Xtra Mile Events

Gary Roethenbaugh

Apr 6, 2017
3 min

Expanding to the masses: Human Race acquires Xtra Mile Events

Human Race has become one of the most significant players across running, cycling and triathlon events in Britain with the acquisition of Xtra Mile Events, the ASICS Greater Manchester Marathon and Manchester Half Marathon. Human Race, under parent ownership of Le Tour de France owners, Amaury Sport Organisation (A.S.O), has this week confirmed the acquisition of Manchester based Xtra Mile Events, which organises nine mass participation events in the North of England, includi

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Human Race acquired by Tour de France organiser A.S.O

Gary Roethenbaugh

Oct 11, 2016
3 min

Human Race acquired by Tour de France organiser A.S.O

Amaury Sport Organisation (A.S.O), owner of the world renowned Le Tour de France, and organiser of some the biggest runs and sportives in Europe, such as the Paris Marathon and L’Etape du Tour, has completed the purchase of Human Race Events. (Terms of the deal were not disclosed.) Human Race was originally founded by John Lunt, who in his time with the company also oversaw the London 2012 Olympic triathlon as Race Director. (In 2012, Human Race and Participate Sport merged t

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Major merger! Wiggle & Chain Reaction to create multi-million ‘global online champion’

Gary Roethenbaugh

Feb 12, 2016
2 min

Major merger! Wiggle & Chain Reaction to create multi-million ‘global online champion’

Wiggle and Chain Reaction Cycles have both confirmed today that they are to merge to ‘further strengthen their position in the global online retailing world of cycling, running, swimming and triathlon (tri-sports) products and accessories.’ The transaction is subject to a number of regulatory approvals, including merger control clearance from the Competition and Markets Authority (CMA). A release states that ‘Together the combined business will be able to supply a broader off

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Major acquisition: IRONMAN snaps up Lagardère Sports endurance division

Gary Roethenbaugh

Jan 21, 2016
3 min

Major acquisition: IRONMAN snaps up Lagardère Sports endurance division

IRONMAN has signed an agreement to acquire Lagardère Sports’ endurance division, which includes races in three continents and eight countries. As part of the deal, IRONMAN will therefore own and/or operate an additional five International Triathlon Union (ITU) events, four marathons, six cycling races, of which five are under the Velothon cycling event brand, as well as a number of other participation events. These events are expected to serve an estimated 140,000 participant

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