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Announced

Completed

HV Capital, Eurazeo and BlueYard led a €12m funding round in Dance.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Mobility

Completed

Germany

Private

Friendly

e-bike company

Domestic

Minority

Single Bidder

Venture Capital

Private Equity

Acquisition

Synopsis

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HV Capital, Eurazeo and BlueYard led a €12m funding round in Dance, an e-bike subscription service where users pay a monthly fee that covers their bikes and provides an all-inclusive support package, with participation of Winthrop Square Capital, Joe Zadeh, Max Ciociola, Julian Teicke, Katharina Kurz, Ryan Johnson, and Kristian Rädle & Frank Wiedemann. “With the launch of Dance For Business we enable companies to provide Dance ebikes and mopeds as an employee benefit. By continuously growing our movement, we are driving the evolution of cities and making a significant, positive contribution to climate change,” Eric Quidenus-Wahlforss, Founder and CEO, Dance.

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