The Zabel Companies, an investment firm specialising in private companies, has invested in Stan’s NoTubes, the tubeless sealant, rim, and wheel technology specialist. Financial terms of the deal were not disclosed.
‘As part of the acquisition, Stan and Cindy Koziatek, co-founders of Stan’s NoTubes, announced their retirement after 21 years as owner-operators. Under Stan and Cindy’s guidance, the company grew from a simple idea to solve the problem of flat tires, to a global brand with distribution in nearly seventy countries.’
Zabel invested in Stan’s NoTubes alongside the company’s long-time partner, Mike Bush, who will continue as president and CEO. “We feel incredibly fortunate to have found Zabel after a diligent search for the right fit,” said Bush.
“Their emphasis on sustainable, long-term growth, building a strong brand, and preserving company staff and culture are values Stan, Cindy, and I have long shared. Zabel’s expertise and experience building businesses for sustained growth are a perfect fit for the continued growth of Stan’s NoTubes.”
Rich Jones, Partner with The Zabel Companies, said “Stan and Cindy created a category, built a market leader, and have the preeminent brand in the industry; most importantly they surrounded themselves with great people and a strong leader in Mike Bush.
“We look forward to preserving Stan’s and Cindy’s legacy and what has made the business successful to date as we partner with and provide support to Mike and the Stan’s NoTubes team to continue building and growing this great business.”
Mike Bush continued, “I’m incredibly happy that Stan and Cindy were able to exit the business on their terms and they leave behind an amazing team to continue their legacy.
“That team includes not just our outstanding employees, but our incredible distributors, dealers, OEM partners, our talented athletes, and most of all, our dedicated customers. We are so grateful for the support that has allowed us to grow the brand, celebrate so many athletic achievements, and save countless rides over the past twenty-plus years. We are also more excited than ever about the future as we start this new chapter together with Zabel.”
www.NoTubes.com
www.zabelcompanies.com
