True Capital invests in Ribble Cycles


True Capital invests in Ribble Cycles

Private equity firm True Capital has acquired a majority stake in Ribble Cycle, a family owned business which was established in 1987 by Terry Dove. With sales of £20 million, the multichannel retailer specialises in cycles, associates clothing and accessories. Dove’s son James continues as an executive director with the business and retains a stake.

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