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Announced

Completed

Exor, HCVC and Siam Capital led an $80m Series C round in Cowboy.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Belgium

Acquisition

electric bikes

Friendly

Completed

Single Bidder

Cross Border

Recreational Vehicles and Boats

Private

Minority

Private Equity

Venture Capital

Synopsis

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Exor, HCVC and Siam Capital led an $80m Series C round in Cowboy, an electric bike designer, with participation from Tiger Global, Index Ventures, Eothen, Isomer Opportunities Fund, Future Positive Capital and Triple Point Capital. "I’m thrilled by the renewed support of our investors which allows us to accelerate our company growth and product innovation. With this new capital, we’re bringing our industrial design and technological development in house. This will give us a further competitive edge as the most sought-after electric bike brand," Adrien Roose, Cowboy Co-Founder & CEO.

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