Announced
Completed
Financials
Tags
Single Bidder
Private Equity
car leasing
Germany
Private
Completed
Majority
Acquisition
Rental Services: Consumer
Cross Border
Friendly
Synopsis
Rivean Capital, a private equity investor, completed the acquisition of Green Mobility, a technology-based (e-)bike leasing group, from Deutsche Private Equity, a private equity firm. Financial terms were not disclosed. “We will support Green Mobility Holding with capital and strategic expertise as it continues to grow its business in Germany and expand into other European markets. Our investment philosophy is based on value creation by means of digitalization, internationalization, and a focus on sustainability. These aspects, which drive our investment decisions, will also play a crucial role in the further growth of GMH. That makes us ideal partners," Matthias Wilcken, Rivean Capital Senior Partner.
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