Terry Bicycles for Women, Inc. (the “Company”) announced its sale to Elisabeth Robert.
BellMark Partners, LLC acted as the exclusive buy-side advisor to Elisabeth Robert in connection with the transaction.
Founded in 1985 by Georgena Terry, the Company is a leading international provider of women’s bicycles and cycling apparel.
Elisabeth Robert is the former President of The Vermont Teddy Bear Company. Under her leadership, The Vermont Teddy Bear Company became a national brand whose revenues increased from approximately $15 million to $75 million.