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Rapha chairman invests €10 million into Classified brand

Rapha chairman invests €10 million into Classified brand


The CEO of private equity firm Active Partners has reportedly invested €10 million of the company’s fund into the fast-growing Belgian brand, Classified Cycling, whose Powershift rear hub technology has the potential to disrupt the groupset market in the coming years. The firm led a recent round of funding that closed late in 2022, alongside existing investor Bridford Group. 

According to British news outlet The Times (opens in new tab), the London-based CEO of the firm, Nick Evans, is a keen cyclist who has already made significant sums within the cycling industry.

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