Investment in Comoto Holdings Inc.
Our attorneys advised middle-market private equity firm J.W. Childs Equity Partners IV, LP on its investment in Comoto Holdings, Inc., a holding company housing its portfolio company Cycle Gear, Inc. and RevZilla Motorsports, LLC, two of the nation’s leading retailers of apparel, accessories and parts for motorcycle enthusiasts. The transaction closed on February 23, 2016.
Both RevZilla and Cycle Gear will continue to operate as independent sister companies. J.W. Childs had previously invested in Cycle Gear, founded in 1974 and an omni-channel retailer operating in more than 100 stores across the US and dedicated to motorcycle enthusiasts, in a transaction which closed in January of 2015. RevZilla, founded in 2007 by Anthony Bucci, Nick Auger and Matt Kull, is an eCommerce retailer that provides motorcycle enthusiasts with premium apparel, accessories and parts.
Through their combined ownership of Comoto, J.W. Childs and the three RevZilla founders intend to drive further growth through leveraging each company’s respective consumer insights and complementary skills in delivering a best-in-class experience to the motorcycle enthusiast.