PlayCore Adds On Bike Storage Solutions Company Dero
September 27, 2012
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Irving Place Capital portfolio company PlayCore Holdings has announced it has acquired bicycle storage solutions company Dero Bike Rack in its fifth add-on deal in as many years. The Minneapolis-based Dero will be folded into PlayCore's EverActive Brands division, but will continue to operate from its own offices in Minnesota. Dero is a designer, manufacturer, and supplier of bicycle parking and transit solutions, including bike racks, lockers, shelters, and custom bike storage products.