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Investment Group Buys E-Bike Maker Currie Technologies.
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- Author(s): Norman, Jason
- Source:
Bicycle Retailer & Industry News. 3/15/2008, Vol. 17 Issue 4, p6-6. 1/3p. 1 Color Photograph.
- Subject Terms:
- Additional Information
- Subject Terms:
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- Abstract:
The article reports on the acquisition of electric bike manufacturer Currie Technologies by Risk Equity Partners, a California-based investment group. According to Larry Pizzi, who will stay on as Currie's president, the company posted $30 million in revenue for 2007. Pizzi anticipated no major changes in staffing, but he did say that with the new capital infusion a couple of top-level additions will be made to help grow the business.
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