Regent, L.P. acquired non core US business from Accell Group N.V. (ENXTAM:ACCEL) for $15 million on August 6, 2019. The total consideration amounts to $1 and a maximum contingent consideration (potential earn out) of $15 million. The assets include the worldwide registrations1 of the brands Diamondback, Redline and IZIP. With the agreement reached, the profit dilution of the North American business is eliminated from August 6 onwards. D.A. Davidson & Co. acted as financial advisor to Accell. Regent, L.P. completed the acquisition of non core US business from Accell Group N.V. (ENXTAM:ACCEL) on August 6, 2019.