After nearly two decades of ownership by original founders, Boulder Running Company (BRC) will become part of the Denver-based Running
Specialty Group (RSG). In addition to the flagship location in Boulder,
the acquisition includes the Littleton and Colorado Springs locations.
The transaction also includes the ecommerce site at
www.boulderrunningcompany.com
Opened in 1996 by co-owners and running legends Johnny Halberstadt and
Mark Plaatjes, South African émigrés, the business is considered one of
the top running specialty retail operations in the country. The
flagship store on Pearl Street in Boulder was the first store in the
U.S. to implement free video gait analysis to help runners select the
right shoe model. This customized fitting service is now widely used and
has set the standard for what runners expect at a premier specialty
running store.
BRC is consistently ranked by local publications
as the best running store in Denver and Boulder and has been repeatedly
ranked among the top running stores in the U.S. by the Independent
Running Retailers of America (IRRA), including the number one ranking in
2006.
“Teaming up with the proven expertise and resources
offered by the Running Specialty Group will enable us to continue
growing and thriving while concentrating even more on providing
passionate customer service,” says Halberstadt.
Further
strengthening the Boulder Running Company’s operating model and
reputation for dedication to runners and their needs is the physical
therapy facility, In Motion Rehabilitation, located in the Boulder and
Littleton stores and owned and operated by Plaatjes, a world-renowned
physical therapist. The facilities are not part of the acquisition but
will continue to be closely associated with the stores.
“This is a great opportunity for me to continue working with our wonderful staff in the stores that I love,” adds Plaatjes.
Current
plans are for Plaatjes to continue assisting with the management of BRC
while Halberstadt will stay through a transition period and then move
into a consulting role. All other onsite staff will remain. According to
the new owners, RSG also plans to add more BRC locations in metro
Denver and possibly other markets based on the broad appeal of the name
and the store’s national reputation for excellence.
The new
owners have prioritized keeping BRC “local” and connected to the
community through personalized services and support of special events.
Weekly runs and walking groups are offered at all three locations with
local sponsors and refreshments to build camaraderie and connections
among local runners.
“We have great respect for the history and
heritage of Boulder Running Company because we understand the heart, the
energy, the risk, and the commitment it takes to build and maintain
running stores of this caliber,” says Ken Gart, partner of Gart Capital
Partners. “We have admired these stores and Halberstadt’s and Plaatjes’
philosophy for so many years that we are really honored to have it as
part of the RSG group.”
Running Specialty Group (RSG), which is a
joint-partnership between Gart Capital Partners and The Finish Line, is
a leading specialty running retail business with 38 stores located
primarily in the Northeast, Virginia, Florida, Indianapolis, Kentucky,
Texas and Colorado. The company also operates an ecommerce business, Run.com.
Source Running
Specialty Group
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