Altamont Capital Partners (Altamont) today announced it is leading a majority recapitalization of Fox Head, Inc. (Fox), the number one global motocross equipment, apparel and accessory brand. The current owners of the business, the founding Fox family, will continue to own a significant minority interest in the company. The transaction is expected to close in the next 7-10 days. In addition to Altamont and the Fox family, the shareholder group participating in the deal includes Ricky Carmichael, the most successful motocross rider of all time and Fox athlete since 1988; Carey Hart,
In November, Hookit tracked 130 BMX riders and their social media reach. Together they generated 7.7M fan interactions and garnered 347K new fans. Almost 60% of the new followers originated from Instagram, while 36.4% came from Facebook and only 4% from Twitter. Taking the top spot this month, Aaron Ross gained 16K new fans and reached a total of 651K fans. Ross generated 846K total fan interactions in November. Filling out the Top 10 Total Fan Interactions are riders representing 6 different countries.