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Kitsbow, the Old Fort based maker of premium cycling clothing and accessories, was purchased by its employees with the help of a group of local North Carolina investors on Monday,
2022 isn’t just a new year at Kitsbow, it’s a whole new beginning. Literally. On January 3, the community (investors local to North Carolina) and the employees purchased Kitsbow from its shareholders, with the commitment of majority ownership by employees into the future. This is huge. And next: B Corp Certification!
Kitsbow, the maker of cycling clothing and accessories, announced it was purchased on January 3, 2022 by its employees, with assistance from local North Carolina investors, after ten years as a privately owned company.