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BOSTON – The private equity firm J.W. Childs Associates, L.P. announced today that it has acquired a majority share of Cycle Gear.
With 112 stores in 34 states, including four in New England, Cycle Gear sells motorcycle apparel, accessories and parts.
Terms of the acquisition from Harvest Partners, L.P. were not disclosed.
Assuming the role of chairman of Cycle Gear is William E. Watts, a partner in J.W. Childs.
Cycle Gear’s founding chairman, David Bertram, is stepping down from day-to-day management of the company but will remain on the board directors.
Cycle Gear has stores in Woburn, MA; Warwick, RI; and Manchester and Orange, CT. The company was founded in 1974.
