Working Capital Wednesday | Innovative Trade Receivables Securitization with FIS (formally Demica)

In this session, NeuGroup members will hear how Accell Group, a private equity-owned leader in Europe’s e-bike and bicycle components sector, successfully addressed its complex working capital needs through a sophisticated trade receivables securitization program.

Faced with the challenge of managing cross-border receivables across seven seller jurisdictions and 24 debtor jurisdictions, Accell required a scalable and flexible funding solution. With support from FIS (formally Demica), the company implemented a ?100 million securitization program in just 12 weeks, navigating significant regulatory and logistical hurdles.

This session will cover:

1. The strategic rationale for pursuing a securitization structure versus other funding options
2. Key operational and regulatory challenges and how the team overcame them
3. Treasury’s role in driving alignment among internal stakeholders and external funders
4. Lessons learned and how the program supports Accell’s growth, innovation, and sustainability goals

Session Speakers:

1. Tom Huntingford, Managing Director | Structuring, FIS (Demica)
2. Andrew Holmes, Head of North American Origination, Supply Chain Finance, FIS (Demica)
3. Jonas Fehlhaber, Group Treasurer, Accell Group

Join us to explore how treasury can lead complex financing initiatives that deliver meaningful liquidity benefits and support long-term strategic vision.