Acquisition of Cycle Gear

J.W. Childs Associates

Our attorneys represented Boston-based private equity firm J.W. Childs (JWC), a long-standing client focused on middle-market growth companies, in connection with its acquisition of Cycle Gear Inc., a California-based omni-channel retailer specializing in the motorcycle and accessories market. Financial terms for the deal, which closed on January 7, 2015, were not announced.

The deal took less than a month to close. On December 19, 2014, Cycle Gear Holding LLC and CG Acquisition Corp. (two indirect subsidiaries of JWC) entered into an Agreement and Plan of Merger with Cycle Gear Inc. and Harvest Partners LP, the majority shareholder of Cycle Gear Inc. and the shareholders’ representative under the Agreement, pursuant to which Cycle Gear Holding LLC would acquire Cycle Gear Inc. via merger.

JWC sees significant market opportunity in the deal, saying in part that the “investment  is a perfect fit with J.W. Childs’ long-term strategy of investing in leading specialty retailers and we look forward to helping guide this next phase of Cycle Gear’s growth.”

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