PASO ROBLES, Calif. (BRAIN) — Cambria Bike, one of the oldest operating e-commerce businesses in cycling, has acquired the intellectual property from Planet Cyclery and Colorado Cyclist, which closed this year.
Cambria has already soft-launched Planet Cyclery and may relaunch Colorado Cyclist soon, said Clay Akey, Cambria's CEO. Cambria acquired the sites' web domains and mailing lists, Akey said.
Akey told BRAIN that the three domains can reach different segments of the bike market. Cambria is strongest in bikes, frames and components for the high-end mountain bike enthusiast, while Planet Cyclery was known for offering P&A bargains and Colorado Cyclist traditionally served the road cyclist for bikes, P&A, and apparel.
Akey said he was surprised how little overlap there was between the three sites' mailing lists. "This really will let us reach a new demographic," Akey said.
Colorado Cyclist dates to 1989. It merged with Planet Cyclery in 2022 and the business announced it was shutting down in April this year.
Akey bought Cambria Bicycle Outfitters in 1994. He later sold a majority share to Chris Watson, a former partner and managing director of the U.K.'s Chain Reaction Cycles, which Watson's parents started. Watson also was a partner in Hotlines, a wholesale distributor. Chain Reaction Cycles merged with Wiggle in 2016 and the combined company was later acquired by Signa Sports, which collapsed last year.
