Electra Bicycle Company, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Electra Bicycle Company, LLC - overview

Location

Vista, CA, US

Primary Industry

Automobiles, Other Vehicles & Parts

About

Electra Bicycle Company designs and manufactures a variety of bicycles and accessories, placing a strong emphasis on electric bikes and urban mobility solutions for a diverse customer base in North America and Europe. Electra Bicycle Company, LLC specializes in creating innovative bicycles, including traditional and electric models. Founded in Vista, California, in the US, the company was acquired by Trek Bicycle Corporation in December 2013 for an undisclosed fee. The acquisition marked a significant pivot in Electra's operational strategy.


The founder's history is not publicly detailed, nor are there mentions of additional subsidiaries. Electra Bicycle Company specializes in the design and manufacture of a diverse range of bicycles and accessories, focusing on electric bikes (e-bikes) and urban mobility solutions. Their core offerings include the Townie Go! series, featuring models with motor powers from 250W to 500W and battery ranges between 40 to 80 miles, catering to urban commuters and recreational riders.


Additionally, they produce traditional bikes such as cruisers, city bikes, and kids' bikes, along with a full line of accessories like bags, helmets, and bike bells, primarily marketed in North America and Europe. Electra Bicycle Company's revenue is generated through direct sales of bicycles and accessories via retail partnerships, online sales, and a network of authorized dealers. The company engages in B2C transactions, allowing consumers to purchase bikes directly from retail outlets or through e-commerce platforms. Their flagship products, including the Townie Go!


e-bikes and various cruiser models, are positioned at competitive price points to attract a wide range of customers. Additionally, their comprehensive accessory line contributes significantly to overall revenue by enhancing customer options. Electra Bicycle Company is focused on expanding its product line with new e-bike models designed for urban mobility, with expected launches in 2024. The company plans to expand into the Asian market, specifically targeting countries like Japan and South Korea by 2025.


The acquisition by Trek Bicycle Corporation in December 2013 provides additional resources to support these initiatives.


Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.electrabike.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Electra Bicycle Company, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedElectra Bicycle Company, LLC-
RecapitalisationCompletedElectra Bicycle Company, LLC-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.