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.