.
MergerLinks Header Logo

Announced

Completed

SoftBank Vision Fund 2 and Mubadala Capital led a $200m Series D round in TIER Mobility.

Financials

Edit Data
Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Friendly

Transportation Services

Private

Completed

Cross Border

Private Equity

Minority

Venture Capital

micromobility

Germany

Acquisition

Synopsis

Edit

SoftBank Vision Fund 2 and Mubadala Capital led a $200m Series D round in TIER Mobility, Europe’s micro-mobility firm, with participation from RTP Global, Novator, White Star Capital, Northzone, Speedinvest, M&G Investments and Mountain Partners. "Lawrence, Matthias and Alex's passion for change can be felt across the organisation - from TIER's hub in Dubai to their HQ in Berlin. They have quickly emerged as not only a leader in the European micro-mobility space, but one whose commitment to sustainability sets them apart from their competitors. We are proud to have been part of their journey and look forward to remaining a partner to Lawrence and his team for years to come," Amer Alaily, Mubadala Capital Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US