RZC Investments Acquires Rapha
August 14, 2017
RZC is a direct investment firm founded by Steuart and Tom Walton, focused on providing long-term, differentiated capital to high-growth businesses.
Rapha, founded by branding consultant and lifelong cyclist Simon Mottram in 2004, is favoured by well-heeled amateur cyclists and its attire was worn by Sir Bradley Wiggins during his Rio de Janeiro Olympic gold triumph as well as for his own racing team. It employs approximately 450 people and recorded sales of £63 million last year.
Rapha also operates 17 “clubhouses,” which combine the functions of a clothes store, coffee shop and bike rental service in major cities, including London, Sydney and San Francisco.
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