About Cycle Springs
Cycle Springs is a company based in Clearwater (United States) founded in 1924 was acquired by Dimmitt Automotive Group in June 2023.. Cycle Springs offers products and services including Powersports Vehicles, Jet Boats, Personal Watercraft, and Service Appointments. Cycle Springs operates in a competitive market with competitors including ATVTrader, World of Powersports, AAA Motor Sports, MR Motorcycle and Croft Trailer Supply, among others.
- Headquarter Clearwater, United States
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Dimmitt Automotive Group
(Jun 06, 2023)
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Products & Services of Cycle Springs
Cycle Springs offers a comprehensive portfolio of products and services, including Powersports Vehicles, Jet Boats, Personal Watercraft, and Service Appointments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
New and pre-owned ATVs, motorcycles, and side-by-sides for purchase
High-speed boats for recreational water activities
Compact PWC like jet skis for individual use
Scheduling for vehicle repairs and parts installation
Funding Insights of Cycle Springs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cycle Springs
Cycle Springs has secured backing from 1 investor. Prominent investors backing the company include Dimmitt Automotive Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Luxury car dealership providing sales, financing, and maintenance services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cycle Springs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cycle Springs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cycle Springs Comparisons
Competitors of Cycle Springs
Cycle Springs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ATVTrader, World of Powersports, AAA Motor Sports, MR Motorcycle and Croft Trailer Supply, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online platform for listing and trading powersport vehicles.
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| domain | founded_year | HQ Location |
Sells motorcycles, ATVs, UTVs, accessories, provides service and financing options.
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| domain | founded_year | HQ Location |
Sells ATVs, dirt bikes, gokarts, and scooters with sales and services.
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| domain | founded_year | HQ Location |
Operates a dealership for powersports vehicles.
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| domain | founded_year | HQ Location |
Provides trailers, parts, service, repair, and accessories.
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| domain | founded_year | HQ Location |
Powersport vehicles are retailed through a specialized dealership.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cycle Springs
Frequently Asked Questions about Cycle Springs
When was Cycle Springs founded?
Cycle Springs was founded in 1924.
Where is Cycle Springs located?
Cycle Springs is headquartered in Clearwater, United States. It is registered at Clearwater, Florida, United States.
What does Cycle Springs do?
Cycle Springs was established in 1924 in Clearwater, United States, within the power sport vehicles sector. Dealership services, including sales and maintenance for motorcycles and related vehicles, are offered through operations centered in the local area. The company is owned by Marty Skapik, with activities focused on supporting vehicle enthusiasts and dealers. Geographic emphasis remains on the U.S. market, particularly Florida, for distribution and service needs.
Who are the top competitors of Cycle Springs?
Cycle Springs's top competitors include Allinsports, International GT and Okoboji Indian.
What products or services does Cycle Springs offer?
Cycle Springs offers Powersports Vehicles, Jet Boats, Personal Watercraft, and Service Appointments.
Who are Cycle Springs's investors?
Cycle Springs has 1 investor. Key investors include Dimmitt Automotive Group.