Wiggle merges with Chain Reaction Cycles

Goodbody advised on the merger between Chain Reaction Cycles and Wiggle.

Company
Chain Reaction Cycles
Transaction
Sector
Activity
Online bike store retailer
Date
Country
Ireland - UK

Chain Reaction Cycles is a leading European online cycle parts and accessories retailer based in Northern Ireland. Goodbody advised the company for many years as it developed and considered various growth options. Ultimately, the family owners decided to merge the business with Wiggle, an English competitor owned by Bridgepoint Capital, to form WiggleCRC and further increase the combined entity's penetration of the European market.