Target | enviolo |
Seller | enviolo shareholders |
Advisory sell side | Lazard B.V. | Financial Advisory Ropes & Gray LLP | Legal Advisory |
Buyer | Inflexion Private Equity |
Advisory buy side | Alvarez & Marsal | Tax Advisory Alvarez & Marsal | Financial Due Diligence Stepstone Corporate Finance | Financial Advisory Latham & Watkins LLP | Legal Advisory NautaDutilh | Legal Advisory |
Date announced: | 2022-02-09 |
Data Room provider | Virtual Vaults |
Story:
UK-based mid-market private equity firm Inflexion Private Equity has acquired enviolo, a global specialist in the e-bike parts market. Headquartered in the Netherlands with a branch in Austin, Texas, enviolo designs and develops transmission systems for e-bikes primarily for the European and North American markets. The company's proprietary technology enables bicyclist to intuitively adjust gear ratios, making riding safer and more enjoyable. As the e-bike market has grown strongly over the past few years, enviolo has grown rapidly.
Inflexion states that the enviolo team is incredibly driven and they look forward to working together on the further growth of this unique company, both in the local Dutch market and internationally.
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