Holland & Knight issued the following announcement on Mar. 17.
Holland & Knight advised the founder of Troy Lee Designs (TLD), Troy Lee, and the rest of the management team on the company's sale to 2Ride Group (2RH), a leader in the design and production of motorcycle equipment. 2RH is majority owned by Eurazeo, the largest private equity fund based in France. The deal closed on March 11.
TLD is a California-based bike and moto brand focused on producing innovative, safe and high-performance protective gear for the world's fastest racers and enthusiasts. The partnership with 2RH will create the worldwide leader in protective equipment across the motorcycle, cycling and outdoor markets.
Bryan Gadol, head of Holland & Knight's California Corporate, M&A and Private Equity group, led the firm's representation of the TLD management team in the transaction and was supported by Partner Scott Syverson.
More information about the transaction can be found here.
Original source can be found here.
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