Friday, January 9th 2015. | Auto & Motor, Car

When it comes to looking for a place to get your motorcycle gear and apparel stores in the US, you’d be hard-pressed to find a shop that has as many of your needs as Cycle Gear. The nationwide retailer has been a pillar of the motorcycle industry in this country so when news came out that private equity firm J.W. Childs Associates, L.P. had swooped in and purchased a controlling interest in the company’s stock from previous owner Harvest Partners, LP, we had to come out and bring it out of the woodwork.

A lot of us have had dealings with Cycle Gear in the past, some not going past the mailboxes where the store sends their annual catalogs. But for those who have been to Cycle Gear or bought some bike parts and accessories in the store, this transaction is interesting to take note of, if only for the fact that the new owners could change the makeup of the company.

We already know that a major shakeup is in order in Cycle Gear’s upper management, most notably William E. Watts, a partner at J.W. Childs, assuming control as the new chairman of the company. Hopefully, the new owners don’t change a lot about the company from its current iteration. It’s not immune to issues, but for the most part, Cycle Gear has lived up to its status as one of the country’s premier motorcycle shops.

Here’s to seeing more of that success continue now that it’s under new management.

Click past the jump to read more about Cycle Gear.

Private Equity Firm Buys Controlling Stake in Cycle Gear originally appeared on on Friday, 9 January 2015 20:00 EST.

read more

5 / 5 stars

Submit your comments For Private Equity Firm Buys Controlling Stake in Cycle Gear

Related For Private Equity Firm Buys Controlling Stake in Cycle Gear


Custom Search