Announced
Completed
Synopsis
VisionEdgeOne, an infrastructure investment firm, completed the acquisition of Inurba Mobility, a Spanish bike-sharing company, from Sherpa Capital, a private equity fund manager specializing in investments in medium-sized companies, and Moventia Group, a diversified Spanish transport and mobility conglomerate, for $250m. “Inurba Mobility is well-positioned to grow within its existing footprint as well as win new concessions, given the strong demand for bikes as an affordable, healthy, and green extension of public transport. We are extremely grateful to Narinder and the CMS team for their unwavering support throughout the process. We appreciate their expertise and deep knowledge in bringing this deal to a successful completion,” Adam Ringer, VisionEdgeOne Head of Origination.
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