Accell Group sold its money-losing Diamondback, Redline and IZIP brands to Beverly Hills, CA, private equity firm Regent LP, which also acquired Mavic from Amer Sports earlier this year. Accell retained the Raleigh, Haibike and Ghost brands, but Regent gets an exclusive 2-year U.S. distribution partnership for them as part of the deal. The purchase price was $1 in cash up front with an earnout ... Log in to view full article.