De Hoge Dennen completed the investment in QWIC in a $10m deal.

De Hoge Dennen, a private equity firm, completed the investment in QWIC, a Dutch e-bike company, in a $10m deal. “De Hoge Dennen Capital would like to invest in companies that are developing dynamically. We are very impressed by the good market position that QWIC has acquired in the Netherlands, Belgium and Germany. We believe that we can jointly further expand the market position that QWIC has already achieved in Europe. As a result of this further growth and innovation, QWIC will become even more relevant in the future for customers, dealers and as an employer in the Amsterdam region," Marius Coebergh, De Hoge Dennen Investment Director.