Pearl Izumi sells Louisville HQ to bike competitor
LOUISVILLE — Pearl Izumi USA Inc. late last month sold off its Louisville headquarters to fellow bicycle-industry player Specialized Bicycle Components Inc., less than a year after it was acquired by a private equity firm.
The 55,000-square-foot headquarters building in the Colorado Technology Center at 101 S. Taylor Ave. traded for $14.94 million, according to Boulder County property records.
Pearl Izumi, which last year announced its intent to offload its headquarters and cut staff after its acquisition by Fountain Valley, California-based United Sports Brands, built the distinctive-looking headquarters in 2013.
“There were synergies as a result of the acquisition, and we’re…
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