Bicycle Transit Systems to Acquire BCycle from Trek
September 18, 2024
Bicycle Transit Systems, Inc. signed a definitive agreement to acquire BCycle from Trek. The deal is expected to close in October and will expand Bicycle Transit Systems into North America’s only fully integrated dock-based bike share operator with electrified services.
- Buyers
- Bicycle Transit Systems, Inc.
- Targets
- BCycle
- Sellers
- Trek
- Industry
- Transportation
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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