CHEAP CYCLE PARTS® AND COMPETITION ACCESSORIES® ANNOUNCE MERGER OF OPERATIONS
Seen as tremendous benefit for 250,000+ customers
CLARKSVILLE, IN – TWO OF THE USA’S LEADING MOTORCYCLE RELATED E-COMMERCE SITES ANNOUNCED TODAY THE COMPLETION OF A MERGER OF OPERATIONS EFFECTIVE IMMEDIATELY. Scale Finance provided advisory support in managing the merger process end-to-end.
Founded in 2006, CheapCycleParts.com is one of the leading marketers of OEM Parts and Accessories to powersports enthusiasts. They offer parts for Honda, Yamaha, Suzuki, Kawasaki, Can Am, KTM, Polaris and Sea Doo motorcycles, ATV’s, UTVs and watercraft.
Founded in 1961, Competition Accessories.com is one of the best known direct marketers of aftermarket parts, accessories, helmets and riding apparel. Their offerings include the exclusive distribution rights to Sliders®, Aeromoto® and Shadow Distributing® Motorcycle Gear.
Chris McCarty, Founder of Cheap Cycle Parts stated “This is an exciting opportunity for us to partner with an industry leader in the aftermarket segment and broaden relevant offerings to our customers of products that we don’t currently offer.
From Competition Accessories perspective, their customers now have access to hundreds of thousands of OEM parts through our website and distribution system. It’s win, win for all of our customers.”
About Scale Finance
Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices throughout the southeast including Charlotte, Raleigh/Durham, Greensboro, Wilmington, Washington D.C. and South Florida with a team of more than 40 professionals serving more than 100 companies throughout the region.