Accell Group

Heerenveen, Netherlands Founded: 1998 • Age: 28 yrs Listed Acquired By KKR
Manufacturer of bicycles and parts

About Accell Group

Accell Group is a Consumer company based in Heerenveen (Netherlands) founded in 1998, and was acquired by KKR in January 2022. Manufacturer of bicycles and parts. Accell Group has completed 5 acquisitions, including Babboe, Currie Technologies and IZIP Electric. Its website accell-group.com draws about 25 thousand monthly visits. Accell Group offers products and services including Bicycles and Bicycle Parts and Accessories. Its focus areas include Consumer Goods, Sports Equipment, Outdoor Sports and Cycling.

Company details

Accell Group was established in 1998 in Heerenveen, Netherlands, within the cycling sector. Bicycles and essential components are produced, alongside accessories and electric bicycles. Design services are offered to facilitate product innovation. Operations focus on manufacturing and related support, with activities based in the Netherlands to address international demand in the bicycle industry.

  • Headquarters Heerenveen, Netherlands
  • Stage Acquired
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website accell-group.com/en
  • Social LinkedIn Facebook
  • Acquired by KKR (Jan 2022)
  • Legal Name Accell Group
Operational Areas
Key Metrics
  • Investors
    KKR

    & 1 more

  • Investments & Acquisitions
    Babboe

    & 4 more

  • Acquired by
    KKR

    & 1 more

    (Jan 2022)

Products & Services of Accell Group

Accell Group offers a comprehensive portfolio of products and services, including Bicycles and Bicycle Parts and Accessories.

Bicycles
Sports Equipment

Bicycles and e-bikes are manufactured and distributed by Accell Group under various brands.

Bicycle Parts and Accessories
Components

Parts and accessories are provided by Accell Group under the XLC brand for bicycles.

Funding Insights of Accell Group

  • Total Rounds 2
  • First Round $393.87M

    (Feb 2013)

  • Investors Count 1

All 2 funding rounds of Accell Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018Post-IPO––
Feb 2013$393.87MDebt – Conventional––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Accell Group

Accell Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR and Pon.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Provider of trading and car service
1980pon.comAmsterdam, Netherlands
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Investor details for Accell Group

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People of Accell Group

19 people are tracked at Accell Group (10 in leadership, 9 in team).

NameRoleGroup
William Perrier
Regional Director Southern EuropeLeadership
Daria Khitsenko
Programme DirectorLeadership
Imre Jacobs
Director Design & Innovation Accell GroupLeadership
Emiel A. Schaeffner Llm
Chief Legal OfficerLeadership
Florentin Schlotter
Head Of Category Management SportsLeadership
Juliane L. H. Boetel
Head Of Pr, Content & CSR / Sports (lapierre, Ghost, Haibike)Leadership
Jonas Nilsson
Chief Executive OfficerLeadership
Pelle van Rees
Executive Vice President Accell Bike PartsLeadership
Chris Barrett
Executive Vice President Manufacturing, Quality & ServiceLeadership
Gavin Hand
Head Of Data, Digital And IntegrationLeadership
Roelof de Jong
Group Manager Data & Advanced AnalyticsTeam
Shilpa Bantwal Rao
Corporate Communication ExpertTeam
Banu Elmas
UX / UI DesignerTeam
Harold Verhoeven
Senior Legal CounselTeam
Bekir Akyol
Senior Legal CounselTeam
Loic Blanche
E-commerce Manager Southern EuropeTeam
Denise Silva
Global Category Manager SportsTeam
Marlene Pirker Msc
Group Lead Data AnalystTeam
Marcos Stuart Fraser
Consulting At Accell CommercialTeam
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Investments & Acquisitions by Accell Group

Accell Group has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Babboe, Currie Technologies and IZIP Electric.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Brand of bicycles and related accessories
velosophy.ccStockholm, Sweden2015Jul 2018β€’β€’β€’β€’
Developer of electric cargo bikes
babboe.co.ukAmersfoort, Netherlands2006Jul 2018β€’β€’β€’β€’
Bicycles and related accessories are manufactured and retailed.
raleigh.co.ukNottingham, United Kingdom1887Apr 2012$100M
Electric bicycles are developed for urban, trail, and mountain applications.
izipelectric.comSimi Valley, United States2005Dec 2011β€’β€’β€’β€’
High-performance electric bikes are developed using a patented drive system.
currietech.comSimi Valley, United States1998Dec 2011β€’β€’β€’β€’
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Complete acquisition details for Accell Group

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Accell Group

11 dated milestones of Accell Group across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Accell Group is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires IZIP Electric.
  4. Acquisition Acquires Currie Technologies.
  5. Acquisition Acquires Raleigh.
  6. Funding First funding round of $393.9M.
  7. Exit Acquired by Pon.
  8. Acquisition Acquires Babboe.
  9. Acquisition Acquires Velosophy.
  10. Funding Latest funding round, Post-IPO,.
  11. Exit Acquired by KKR.

Web traffic of Accell Group

The website of Accell Group (accell-group.com) receives about 24.9K visits a month.

  • Monthly visits
    24.9K

    ▲ 5.3% vs previous month

Similar websites

Websites whose visitors overlap most with Accell Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
batavus.com
batavus.com
100%
#7,080,290–
koga.com
koga.com
96%
#387,325–
bike-eu.com
93%
#603,962View details
bicycleretailer.com
74%
112.1K#338,544View details
velobiz.de
velobiz.de
74%
#810,046–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 29 similar websites and full traffic analytics for Accell Group

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  • 29 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Accell Group

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Frequently Asked Questions about Accell Group

Accell Group was founded in 1998 and raised its 1st funding round 15 years after it was founded.

Accell Group is headquartered in Heerenveen, Netherlands. It is registered at Heerenveen, Friesland, Netherlands.

Accell Group was established in 1998 in Heerenveen, Netherlands, within the cycling sector. Bicycles and essential components are produced, alongside accessories and electric bicycles. Design services are offered to facilitate product innovation. Operations focus on manufacturing and related support, with activities based in the Netherlands to address international demand in the bicycle industry.

Accell Group offers Bicycles and Bicycle Parts and Accessories.

Accell Group has made 5 acquisitions, including Babboe, Currie Technologies, and IZIP Electric.

Accell Group has 2 investors. Key investors include KKR, and Pon.

Accell Group operates through Accell Group.

Yes. Accell Group was acquired by KKR in January 2022.

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