About the deal

Founded in 1979, BIC Sport pioneered the windsurf industry and progressively diversified its activities to include surfing, kayaking, junior racing dinghies and stand up paddleboarding. Headquartered in Vannes (France), BIC Sport sells its products in more than 90 countries, with strong positions in Europe, North America and Asia Pacific.

Tahe Outdoors is one of the largest and fastest growing European manufacturers of paddle sport and kite surfing equipment. Established in 1989, Tahe Outdoors sells its products in 50 countries and manufactures in France, Germany, and Estonia. By leveraging the two companies’ strengths, including strong brands, state-of-the-art manufacturing facilities, and solid technological know-how, this transaction will lead to the creation of a recognized worldwide leader in water sports.

What we did

Capitalmind Investec actively supported Tahe Outdoors along the buy-side process: presentation of the BIC Sport subsidiary, valuation, management of the due diligences, negotiation of terms and conditions of the deal, etc.