Falconhead Adds To Endurance Sports Platform
By Private Equity International
March 2008 - Sports-oriented private equity firm Falconhead Capital has agreed to acquire Inside Communications (ICI), a publisher of numerous competitive cycling and triathlon titles. ICI will be incorporated into recently formed Competitor Group, an endurance sports media and event platform. This investment is Falconhead's fourth endurance-sports deal in just over a month. On 7 January, the firm, which manages approximately $500 million, announced the acquisitions of three endurance-sports companies participating in publishing, event-planning, and other related activities.