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Anthony Bucci

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You know him as “Hey it’s Anthony from RevZilla!” in the online motorcycle store’s popular videos on YouTube, but Anthony Bucci is also the CEO and Co-Founder of RevZilla, and is part of the reason why the nerds are taking over the motorcycle industry.

Today, RevZilla announced the departure of Bucci as its CEO, effective on January 13, 2017. After that point in time,  fellow RevZilla Co-Founder Matt Kull will take on the job as interim CEO, while RevZilla continues to look for a full-time replacement.

RevZillians shouldn’t worry too much about the leadership change though, as Bucci will continue his customer-facing activities with RevZilla, and he will also remain an integral part of RevZilla’s advisory team.

This announcement also doesn’t affect Bucci’s position on the Board of Directors for Comoto, the holding company that oversees both RevZilla and Cycle Gear.

It is Friday, and I am still not sure why there is dearth of publications covering the movements between RevZilla and Cycle Gear. The largest brick-and-mortar motorcycle retail chain, and the most influential online retailer in our industry have just come together under one roof. Boom goes the dynamite.

Intonations of this deal have been in the news space for almost a week now, and by my last count, outside of our coverage here on Asphalt & Rubber, there has only been Motorcyclist’s rehashing of RevZilla’s press release, this 64-word story by PowerSports Business, and RevZilla’s self-published letter on the topic, by CEO Anthony Bucci.

If that doesn’t say something about the current state of moto-journalism, then I don’t know what does. It is a topic worthy of its own story, but that will have to wait for another day. Instead, I am here to talk to you about business, millennials, and future of consumerism.

The speculation about RevZilla and Cycle Gear can stop now, as the brands are finally talking about their plans together for the future.

In a letter posted to RevZilla’s in-house publication, Common Tread, RevZilla CEO Anthony Bucci announces that RevZilla will be acquired by a new holding company, which will also own Cycle Gear.

The holding company’s board of directors will include Bucci, and his fellow RevZilla founders Nick Auger and Matthew Kull, as well as the private equity firm J.W. Childs, which bought Cycle Gear back in 2015.

While Bucci’s letter to RevZilla customers states that the two brands will only be “sister companies” that will operate independently of each other, his FAQ on the subject leaves the door open for collaborations between the two brands, which would be the obvious benefit of their new ownership structure.

Respected newswire Reuters is reporting that Cycle Gear is close to finalizing the purchase of motorcycling e-commerce giant RevZilla. Citing a source “familiar with the matter” at hand, Reuters suggests that the deal could close in the next coming days, with the new venture worth between $400 million and $500 million.

If true, this acquisition would mark a titanic shift in the motorcycle retail space, with America’s largest brick and mortar chain combining with the industry’s most prominent online parts and apparel purveyor.