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Spanos Barber acquires stake in Troy Lee Designs
10
Dec '16
Courtesy: Troy Lee Designs
Courtesy: Troy Lee Designs
US based private investment firm Spanos Barber Jesse & Co has acquired a stake in supplier of motorcycling, mountain biking gear and apparel, Troy Lee Designs (TLD). TLD products are sold through independent dealers, international distributors and online retailers. Founder of TLD, Troy Lee will continue to hold a significant stake in the company.

TLD produces cutting edge helmets, protective equipment and performance driven apparel and also sponsors successful professional supercross and motocross teams as well as leading mountain biking riders.

TLD has also named Dave Bertram as chief executive officer, who earlier served as chief executive officer at Cycle Gear, the largest multi-channel retailer of apparel, parts and accessories for motorcycles and all-terrain vehicles in the US.

Under Bertram's leadership, Cycle Gear grew from a local retailer with three locations to a national chain with 112 stores in 34 states. (AR)

Fibre2Fashion News Desk – India


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