30.05.2023 · News

POELLATH advises DPE Deutsche Private Equity on the sale of the Green Mobility Group

Funds advised by DPE Deutsche Private Equity Management III GmbH (“DPE”) have sold their stake in Green Mobility Holding (“GMH”), one of Europe’s leading tech-based (e-)bike leasing providers. The buyer was the European private equity firm Rivean Capital. DPE has retained a minority stake. Further shares are held by the founders and management of the two subsidiaries, Company Bike and mein-dienstrad.de. The parties have agreed not to disclose the financial details of the transaction. POELLATH advised DPE on tax law within the context of the transaction.

Munich-based GMH combines fast-growing (e-)bike leasing platforms and innovative mobility solutions under one roof to form Europe’s leading technology-enabled (e-)bike leasing group. The company employs more than 200 people across Germany. The company’s customer base includes Daimler Truck, Eurogate, Funke Mediengruppe, Johanniter and numerous medium-sized companies. GMH is the only provider to offer direct access to the manufacturers of bicycles and (e-)bikes, as well as its own delivery and service network with more than 60 employees.

DPE is an independent German investment company and is one of the largest growth capital providers in Germany. DPE invests in medium-sized companies in Germany, Austria and Switzerland and focuses on industries with positive long-term development prospects. DPE was founded in 2007 and has since invested in 40 companies that have completed over 100 add-on acquisitions and today employ more than 10,000 people. DPE has total assets under management of approximately EUR 3 billion.

POELLATH advised DPE on all tax aspects of the sale with the following Munich team: