Frank\u00adfurt am Main \u2014 With the aim of support\u00ading the further growth of the group of companies
\nsupport, Borro\u00admin Capi\u00adtal Fund IV inves\u00adted in Little John Bikes Group (LJB) in June 2021. The parties have agreed not to disc\u00adlose the purchase price. LJB is one of the leading specia\u00adlist retail\u00aders in the German bicy\u00adcle retail trade and offers a
\nversa\u00adtile product port\u00adfo\u00adlio in the bicy\u00adcle and access\u00adories sector.<\/p>\n
In the fast-growing e\u2011bike segment, LJB posi\u00adti\u00adons itself with inno\u00adva\u00adtive service and consul\u00adting. In addi\u00adtion, LJB curr\u00adently has the fastest expan\u00adsion rate in the indus\u00adtry, with a focus on busi\u00adness succes\u00adsion. Toge\u00adther with LJB\u2019s manage\u00adment, Borro\u00admin will drive the group\u2019s natio\u00adnal growth as well as support the further struc\u00adtu\u00adral and stra\u00adte\u00adgic deve\u00adlo\u00adp\u00adment of the company and its employees.<\/p>\n
Nick Money-Kyrle, Mana\u00adging Part\u00adner of Borro\u00admin Capi\u00adtal<\/strong> Manage\u00adment GmbH: \u201cLJB has achie\u00adved impres\u00adsive corpo\u00adrate deve\u00adlo\u00adp\u00adment in recent years. With its opera\u00adtio\u00adnal excel\u00adlence and expe\u00adri\u00aden\u00adced as well as passio\u00adnate manage\u00adment leader\u00adship, LJB is very well posi\u00adtio\u00adned in the natio\u00adnal bicy\u00adcle market. We are convin\u00adced that the company will have excel\u00adlent growth oppor\u00adtu\u00adni\u00adties in the future \u2014 both orga\u00adni\u00adcally and through acquisitions.\u201d<\/p>\n Martin Franke, Part\u00adner at Borro\u00admin Capi\u00adtal Manage\u00adment GmbH, adds: \u201cThe bicy\u00adcle market in Germany is highly frag\u00admen\u00adted. We see a great oppor\u00adtu\u00adnity here for LJB to conti\u00adnue its successful expan\u00adsion course through targe\u00adted acqui\u00adsi\u00adti\u00adons (of indi\u00advi\u00addual specia\u00adlist retail\u00aders or small chains of specia\u00adlist retail\u00aders) in comple\u00admen\u00adtary loca\u00adti\u00adons. This stra\u00adtegy will both bene\u00adfit LJB\u2019s custo\u00admers and secure jobs in Germany. We are very plea\u00adsed to actively accom\u00adpany the sustainable expan\u00adsion of the group of compa\u00adnies in the coming years toge\u00adther with the management.\u201d<\/p>\n Olden\u00adbur\u00adgi\u00adsche Landes\u00adbank is support\u00ading the tran\u00adsac\u00adtion with acqui\u00adsi\u00adtion finan\u00adcing and a working capi\u00adtal loan.<\/p>\n About Little John Bikes<\/strong> About BORROMIN Capital<\/strong> Borro\u00admin Capi\u00adtal Fund IV (Borro\u00admin Capi\u00adtal Fund IV SCS, SICAV-RAIF) bene\u00adfits from the finan\u00adcial support of the Euro\u00adpean Union under the Euro\u00adpean Fund for Stra\u00adte\u00adgic Invest\u00adments (\u201cEFSI\u201d) estab\u00adlished under the Invest\u00adment Plan for Europe. The purpose of the EFSI is to support the finan\u00adcing and imple\u00admen\u00adta\u00adtion of produc\u00adtive invest\u00adments in the Euro\u00adpean Union and to ensure better access to finance.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt am Main \u2014 With the aim of support\u00ading the further growth of the group of compa\u00adnies support, Borro\u00admin Capi\u00adtal Fund IV inves\u00adted in Little John Bikes Group (LJB) in June 2021. The parties have agreed not to disc\u00adlose the purchase price. LJB is one of the leading specia\u00adlist retail\u00aders in the German bicy\u00adcle retail [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37522,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369,1372],"tags":[],"class_list":["post-43537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors","category-consultant"],"yoast_head":"\n
\nLJB was foun\u00added in 1997 in Neukirch, East Saxony, and has since deve\u00adlo\u00adped into a leading specia\u00adlist dealer for bicy\u00adcles and e\u2011bikes in Germany. The company, head\u00adquar\u00adte\u00adred in Dres\u00adden, curr\u00adently opera\u00adtes 41 stores. The current focus of expan\u00adsion is on the new German states. The product range offers modern mobi\u00adlity solu\u00adti\u00adons for cyclists of all ages \u2014 whether for ever\u00ady\u00adday, recrea\u00adtio\u00adnal or sport\u00ading use. The broad spec\u00adtrum of services and consul\u00adting under\u00adlines the service-orien\u00adted focus. Market-orien\u00adted thin\u00adking, exten\u00adsive know-how and dyna\u00admic growth have made LJB one of the indus\u00adtry leaders in Germany.<\/p>\n
\nBorro\u00admin (form\u00aderly Stead\u00adfast Capi\u00adtal) is an inde\u00adpen\u00addent private equity invest\u00adment firm focu\u00adsed on medium-sized compa\u00adnies in German-spea\u00adking Europe and the Bene\u00adlux count\u00adries. Our funds invest in medium-sized compa\u00adnies and provide equity capi\u00adtal for busi\u00adness succes\u00adsi\u00adons, manage\u00adment buy-outs and growth finan\u00adcing. Borro\u00admin was foun\u00added in 2001 and has since pursued a successful, value-orien\u00adted stra\u00adtegy of inves\u00adt\u00ading in profi\u00adta\u00adble compa\u00adnies in a wide range of industries.<\/p>\n