Enve, a well-established wheel, componentry, and latterly bike brand specialising in high-end composite products has announced today that it has been acquired by Utah-based private equity firm PV3. The acquisition follows the brand’s move to a new headquarters in Ogden, Utah, in 2016.
PV3 is headed up by Mark Hancock, himself a cycling enthusiast, and is on record as being committed to maintaining the Enve brand heritage. Enve itself, founded in 2007, is an outlier in composite manufacturing insofar as the majority of its products are manufactured domestically in the USA.
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