We’d like to give a big congratulations to our long term client, BikeExchange, for the successful completion of its initial public offering.
Now listed on the Australian Securities Exchange (ASX) under the code BEX, the company’s ambition is “to help as many people around the world to purchase a bike or related product by connecting them with retailers and brands on our sites.”
It’s been a privilege to be in partnership with BikeExchange since 2014. As their dedicated insurance and risk advisor, our team helped manage their risk as they transitioned from a private company, to a public one.
Once again, we’d like to congratulate BikeExchange for this significant milestone.
More about Bike Exchange:
BikeExchange is a leading global online cycling marketplace that enables a dedicated and growing global audience of consumers to connect and trade with thousands of retailers and brands. The Company was founded in Melbourne in 2007 by Sam Salter and Jason Wyatt, with the aim of bringing together the fragmented global cycling industry to trade and scale. Today, it hosts over 1,500 brands, 1,450 retailers and over 600,000 products globally, reaching an audience of 29.1 million consumers each year. Across its sites globally, the marketplace generated over $1.5 billion sales leads and enquiries value in H1 FY21 annualised.”