Regent Acquires U.S. Assets of Accell North America (Diamondback, Redline, IZIP)
August 7, 2019
Regent, a Beverly Hills-based private equity firm, acquired the U.S. assets of Accell North America — including the Diamondback, Redline and IZIP brands and the U.S. distribution business for Raleigh, Haibike and Ghost. The combined U.S. portfolio will be based in Kent, Washington and operate as Alta Cycling Group, giving Regent an established distribution and direct-to-consumer platform in the cycling sector.
- Buyers
- Regent
- Targets
- Diamondback, Redline, IZIP, Accell North America (U.S. assets)
- Sellers
- Accell Group N.V.
- Industry
- Consumer Products
- Location
- Washington, United States
- Transaction Type
- Divestiture
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