HLC – MiddleGround Capital
Investment Date:
August 2022
Exit Date:
Current
Fund:
Fund II
Sector:
Bicycle Parts and Accessories Distribution
Headquarters:
Quebec City, Canada
Footprint:
4 Facilities in North America
Revenue:
~CAD $170 Million
End Markets:
Independent bike dealers and national bike parts, components and accessories retailers

HLC is a leading North American bicycle parts and
accessories distributor with a product portfolio of over 21,000 SKUs across 170+ brands. HLC is composed of Lambert and Hawley. The Company distributes to over 5,500 independent bicycle dealers and other OEM manufacturers. Along with traditional distribution capabilities, HLC offers value-added services to its brand
partners and customers.

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