ABG Owner Peter Hurley Passes Away

July 19, 2024

Peter Hurley, the owner of American Bicycle Group (ABG), under which are the brands Quintana Roo, Litespeed and OBED, passed away this morning from a heart attack at the age of 67. He had just finished a run with his wife Lorraine.

Peter came to the bike and triathlon industry from a career in investment banking, specializing in mergers & acquisitions. He was a cultured, erudite New Englander who began as a minor investor in ABG, thrust into sole ownership when his business partners tired of the idea of owning a bicycle company. Peter did not tire of this business and has owned and led it for 18 years. Slow Twitch