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New Deal


Announced

Completed

Tier Mobility completed the acquisition of Vento Mobility from Wind Mobility.

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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Completed

Cross Border

Majority

Single Bidder

Acquisition

Mobility

Italy

Private

micro-mobility

Friendly

Synopsis

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Tier Mobility, an European micro-mobility operator, completed the acquisition of Vento Mobility, an Italian micro-mobility operator, from Wind Mobility. Financial terms were not disclosed. "Through the acquisition of Wind Mobility, we are very pleased to launch TIER in Italy. We are excited to bring our mission to Change Mobility for Good to this new market and we look forward to providing the cities with low emission micromobility options and supporting them to move to a zero-emission future,” Lawrence Leuschner, TIER Mobility CEO and Co-Founder.

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