M&A Deal Summary

Bicycle Transit Systems Acquires BCycle

On September 18, 2024, Bicycle Transit Systems acquired transportation company BCycle from Trek Bicycle

Acquisition Highlights
  • This is Bicycle Transit Systems’ 1st transaction in the Transportation sector.
  • This is Bicycle Transit Systems’ 1st transaction in the United States.
  • This is Bicycle Transit Systems’ 1st transaction in Wisconsin.

M&A Deal Summary
Date 2024-09-18
Target BCycle
Sector Transportation
Buyer(s) Bicycle Transit Systems
Sellers(s) Trek Bicycle
Deal Type Divestiture

Target

BCycle

Waterloo, Wisconsin, United States
BCycle is a public bicycle-sharing company that offers a rider-centric bike-sharing experience with products that work together to make moving around town as fun and convenient as possible. BCycle was formed in 2008 and is headquartered in Waterloo, Wisconsin.

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Buyer(S) 1

Buyer

Bicycle Transit Systems

United States
Category Company
Founded 2013
Sector Transportation
Employees140
DESCRIPTION

Bicycle Transit Systems paved the way for bike sharing in the United States, and have launched bike-sharing systems in almost every major American city.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Trek Bicycle

Waterloo, Wisconsin, United States
Category Company
Founded 1976
Sector Consumer Products
DESCRIPTION

Trek Bicycle Corp. is a global designer and marketer of comfort bicycles.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-15 Electra Bicycle Company

Vista, California, United States

Electra Bicycle Company is a brand in the leisure segment of the bicycle industry.

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