Regent has acquired the U.S. assets of Accell North America, including several renowned cycling brands, aiming to establish a robust platform for growth in the cycling industry.
Target Information
Regent, a global private equity firm, has successfully acquired the U.S. assets of the Accell North America (ANA) cycling business from Accell Group N.V. This acquisition includes well-established cycling brands such as Diamondback, Redline, and IZIP, alongside the U.S. distribution rights for Raleigh, Haibike, and Ghost bicycle brands. The consolidated portfolio will operate from Kent, Washington, as the newly formed Alta Cycling Group.
Industry Overview
The cycling industry has witnessed significant growth in recent years, particularly as consumers increasingly prioritize sustainable transportation and healthy lifestyles. The United States has become a central market for cycling enthusiasts and casual riders alike, driven by innovations in bike technology and design.
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Additionally, the rise of e-bikes has transformed how consumers approach cycling, with many opting for electric bicycles for commuting and r
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Regent
invested in
Accell North America (ANA)
in 2019
in a Buyout deal