ISIS jumps on bike bandwagon

ISIS Equity Partners has paid £5.7 million for a stake in Fisher Outdoor Leisure, backing the bicycle parts and accessories distributor’s £13.5 million management buyout.

For its cash, ISIS has acquired a 44 per cent interest in the formerly family-owned business, which generated profits of £2 million last year.

Previously owned by three generations of the Fisher family, the group sells a wide-range of cycling-related products – from baskets to brakes and handlebars to helmets – to trade customers. Overall Fisher is estimated to supply a staggering 2,000 of the UK’s 2,500 independent bike dealerships.

‘Fisher is one of the leading distributors in the UK and is ideally placed to take advantage of the growing interest Britons have in cycling,’ ISIS’ Peter Watt comments.

Leslie Copeland

Gordon Yost

Leslie was made Editor for Growth Company Investor magazine in 2000, then headed up the launch of Business XL magazine, and then became Editorial Director in 2007 for the online and print publication portfolio...

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