Announced

Completed

The Rohatyn Group completed acquisition of Leader from KJK Capital.

Synopsis

The Rohatyn Group, an asset management firm, completed acquisition of Leader, an electric bicycles producer, from KJK Capital, a fund management company. Financial terms were not disclosed. “Leader is a highly attractive business that provides a unique and high-quality product offering in the European e-bike sector. The Company is well-positioned to benefit from the continuing transformation of city transport infrastructures towards bicycle-friendly zones, increased demand for practical eco-friendly transportation and shared bike programs, as well as the growth of last-mile micro-delivery. Additionally, an increasing focus on healthier lifestyles means e-bikes can offer a highly democratic exercise solution across a wide spectrum of age and fitness levels,” Colin Clark, TRG Partner and and Stepan Karpukhin, TRG Managing Director.

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