TCV and Permira completed their investment in FlixMobility, a Germany-based provider of bus and railway transportation services, for $562m. “What began in 2013 as a German startup has become a powerful mobility platform that continues to change the way millions of people travel across Europe and the United States. Through our strategic partnership with TCV and Permira, which have decades of experience and a portfolio of world-leading technology companies, we will accelerate our growth to offer smart and green travel to more people across the world via the FlixBus, FlixTrain and soon FlixCar brands, while strengthening our position in existing markets,” Jochen Engert, FlixMobility CEO and Founder.