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New Deal


Announced

Completed

Bird completed the acquisition of Circ.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

electric scooters

Transportation Services

Germany

Majority

Friendly

Private Equity

Venture Capital

Completed

Cross Border

Synopsis

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Bird, a micromobility company, completed the acquisition of Circ, a shared e-scooter company. Financial terms were not disclosed. Investors joining Bird’s existing investors as part of the combined company include Target Global, Team Europe, Idinvest Partners, and Signals Venture Capital. "To further advance our mission, we're excited to acquire Circ which is the clear European leader. We like their laser focus on treating cities as their number 1 customer and their mindset of prioritizing profitability over growth," Travis VanderZanden, founder and CEO of Bird.

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