Linklaters and Gibson Dunn & Crutcher are advising on a deal in which basketball superstar LeBron James and his business partner Maverick Carter are taking a minority stake in German high-end bicycle maker Canyon Bicycles—a move that will support Canyon’s plans to expand in the U.S.

James and Carter are investing in the well-known bicycle manufacturer, which makes both conventional and e-bikes, through their family office—LRMR Ventures—together with the U.S.-based private equity firm SC Holdings.