Blue Competition Cycles,has been sold to Minds Group LLC.Industry.Veteran and acting CEO,Steven Harad,has been retained in the leadership role. "All sights are set on moving forward,"said Harad."We're thrilled to have stable backing,and ...
Tags: Competition Cycles, bike, Sporting Goods
Blue Competition Cycles' office outside of Atlanta has been closed for about two weeks and negotiations continue to sell the dormant brand, the company's former CEO told BRAIN. Blue's founders sold the company to a private equity firm ...
Tags: Transportation, bike
Divine Cycling Group is less than a year old but seems to have produced more gray hairs across the industry than a teenager. On Thursday the group announced some more major changes as it tries to get its footing after a tumultuous summer ...
Tags: Transportation, bike
Carbon wheel maker Mad Fiber is planning to set up wheel production in Taiwan to serve the OEM market. The company has laid off seven employees at its Seattle, Washington, facility, but is continuing to manufacture wheels there for ...
Tags: Transportation, bike, Carbon wheel
A co-owner of Serotta's parent company told a local newspaper that the company's planned shutdown is temporary. Earlier this week, Bill Watkins, the CEO of Serotta, and company founder Ben Serotta each told BRAIN that the company had run ...
Tags: Serotta Shutdown
Former pro road racer Nathan O'Neill is joining the expanded inside sales team at Blue Competition Cycles, the company announced Wednesday. O'Neill will be based in Blue's Suwanee office and report to inside sales manager Daniel Stallings. ...
Tags: Transportation, bike
Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February. Terms of the ...
Tags: Transportation, Cycling, Divine Cycling
Blue Competition Cycles, which was purchased late last year by Lake Rudd Capital Partners, has signed 10 new international distributors, the company announced Monday. "As we continue to grow Blue Competition Cycles, it's exciting to have ...
Tags: Blue Competition Cycles, Lake Rudd Capital Partners, company news
Blue Competition Cycles has added four industry veterans to its sales force. The Mansfield Group, led by Wayne Mansfield, will represent the high-end road brand in Tennessee, Mississippi, Alabama, North Carolina, South Carolina and ...
NORCROSS, GA (BRAIN) — Steven Harad is crafting a business plan to bring Blue Competition Cycles back to profitability as its new chief executive officer. Lake Rudd Capital Partners, a private equity firm based in Rhode Island, ...
Tags: bike brands, Sports International, Elite Bicycles, Bicycles
NORCROSS, GA (BRAIN) — Lake Rudd Capital Partners has completed an agreement to purchase Blue Competition Cycles from its founders, Michael and Jay Skop, the companies announced Tuesday. A statement from Blue said a partnership with ...