Boardriders has sold its brand of wetsuits, Xcel, on undisclosed terms to ZG Collective of Colorado. Boardriders had recently decided to grow its six primary brands – Quiksilver, Billabong, Roxy, DC Shoes, RVCA and Element – over the long term by investing in digital operations, category extensions, new go-to-market models, new partnerships, streamlined product development programs and sustainability. According to the company’s chief executive, David Tanner, Xcel accounted for “less than 1 percent of our global sales.” Roth Capital Partners served as financial adviser and K&L Gates as legal counsel on the deal.