News

FOR IMMEDIATE RELEASE: April 4, 2016
Iron Pony® Motorsports Group Announces The Acquisition Of McCune Cycle World, Inc Of Mansfield, Ohio

Columbus, Ohio - Iron Pony Motorsports Group is pleased to announce the acquisition of McCune Cycle World, Inc of Mansfield, Ohio. According to Iron Pony Motorsports Group President and CEO Chris Jones “McCune Cycle Worldhas been a successful family owned multi-line powersport dealer in the state of Ohio for over 38 years.” When asked what prompted the purchase of the business from Mick & Cindy McCune, Jones responded “we are always on the hunt to add solid multi-line powersports dealerships throughout the state of Ohio to our growing group of businesses. Especially dealerships that serve areas where we see great growth potential.”

When asked about the timing of the acquisition, Chief Financial Officer Cory Atwood states “The McCune’s have
given a good part of their life to operating a successful Powersports business in the state of Ohio, and are in an
enviable position to begin their retirement. We are fortunate that they believe in our business model and chose us
to purchase their business at this time.”

Tammy Jones, Vice President of Iron Pony Motorsports Group states “McCune Cycle World is a well known six line
O.E.M. powersports dealership that sells Honda, Suzuki, Polaris, KTM, Victory & Kawasaki in the Northern Ohio
market. Our Pony Powersports® Group has had a smaller market dealership planned for many years and we feel
the greater Mansfield market is a good launching ground for this concept.” When asked for further information
on the smaller dealership concept, Frank Lark, Vice President of Marketing & Growth Manager responded “We
are excited to combine a mini-version of our Iron Pony Motorsports store with an established multi-line dealership.
Our small market powersports parts, apparel and accessories store will be called Iron Pony® Express, and
the former McCunes Cycle World, Inc powersports dealership will now fly under our Pony Powersports® Group flag.” Adding further support to the small market hybrid dealership/retail store conversation, Alan Schatz,
Operations Manager commented ”We have operated three distinct sized businesses (Small, Mid-Sized & Superstore) successfully over the history of our company, and are well versed in the unique opportunities we will face in Mansfield, Ohio”

McCune Cycle World, Inc operations will be fullyhanded over to Iron Pony Motorsports Group in April, 2016. All existing staff of the current dealership in Mansfield, Ohio have been offered positionswith Pony Powersports® Group, or Iron Pony® Express.

About Iron Pony Motorsports Group
Iron Pony® Motorsports Group is headquartered in Westerville, Ohio and is locally and family owned. Iron Pony Motorsports group has been serving the powersports community for over 40 years and is made up of the following divisions: Pony Powersports®Dealership (Sales and service of new and used powersports vehicles), Iron Pony® Motorsports Retail Superstore (Powersports sales of parts, apparel & accessories), Iron Pony® Direct (Ecommerce and Mail-Order sales of powersports parts, apparel & accessories), Iron Pony® Riding Academy (Motorcycle rider training for both new and experienced riders), EagleRider® Columbus (Motorcycle rental division). www.ironpony.com www.ponypowersports.com


About McCune Cycle World
McCune Cycle World, Inc was a multi-line family run powersports dealership based in Mansfield, Ohio from 1978 - 2016. All assets were acquired by Iron Pony Motorsports Group in April of 2016. www.mccunecycleworld.com