The Riverside Company agreed to acquire Bike24, one of the German cycling scene’s larger online platforms for cycle components, accessories and clothing, from WiggleCRC and Bridgepoint. "We are enthusiastic about joining forces with the Bike24 founders and management team once again. During our first partnership, we focused on improving the infrastructure of the business. Now we plan to further strengthen the company’s international presence in Europe. In addition to strong organic growth in the future, we will also actively pursue add-on opportunities," Michael Weber, Riverside Partner.