About Accell Group
Accell Group is a company based in Heerenveen (Netherlands) founded in 1998 was acquired by KKR in January 2022.. Accell Group has completed 5 acquisitions, including Babboe, Currie Technologies and IZIP Electric. Accell Group offers products and services including Bicycles and Bicycle Parts and Accessories.
- Headquarter Heerenveen, Netherlands
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Accell Group
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Products & Services of Accell Group
Accell Group offers a comprehensive portfolio of products and services, including Bicycles and Bicycle Parts and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bicycles and e-bikes are manufactured and distributed by Accell Group under various brands.
Parts and accessories are provided by Accell Group under the XLC brand for bicycles.
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Funding Insights of Accell Group
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Feb 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Post-IPO - Accell Group | Valuation |
investors |
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| Feb, 2013 | Amount | Debt – Conventional - Accell Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Provider of trading and car service
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Brand of bicycles and related accessories
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2015 | ||||
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Developer of electric cargo bikes
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2006 | ||||
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Electric bicycles are developed for urban, trail, and mountain applications.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Accell Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accell Group Comparisons
Competitors of Accell Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accell Group
Frequently Asked Questions about Accell Group
When was Accell Group founded?
Accell Group was founded in 1998 and raised its 1st funding round 15 years after it was founded.
Where is Accell Group located?
Accell Group is headquartered in Heerenveen, Netherlands. It is registered at Heerenveen, Friesland, Netherlands.
What does Accell Group do?
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.
What products or services does Accell Group offer?
Accell Group offers Bicycles and Bicycle Parts and Accessories.
How many acquisitions has Accell Group made?
Accell Group has made 5 acquisitions, including Babboe, Currie Technologies, and IZIP Electric.
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