Capital increase in Classified by Bridford Group

Kumulus Partners acted as the exclusive financial adviser of Classified Cycling and its shareholders in its financing round to scale-up production and support new developments.

Classified, founded in 2005, develops and produces revolutionary drivetrains for gravel, race, TT and mountainbikes by professionals having their roots in the automotive industry (Punch Powertrain). The Company’s HQ is located in Turnhout (BE) but has additional R&D, production & assembly facilities in Belgium and the Netherlands.

Kumulus Partners assisted management in building a solid business plan, drafting marketing documents, led a comprehensive market sound out, organized and orchestrated the entire due diligence phase and assisted in the preparation and finalization of all legal documentation leading to the sucessful closing of the transaction within a short timeframe.