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Portfolio

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Sector

Transport and Logistics

Location

Germany

Entry date

May 2024

Exit date

N/A

Fund

STAR IV

Status

Current


Overview

In May 2024, STAR acquired a majority stake in the Nextbike Group (“Nextbike”) from TIER Mobility SE. Nextbike is a leading developer and provider of innovative urban bike sharing solutions in Europe.

Founded in 2004 and headquartered in Leipzig, Nextbike provides public bike sharing schemes on behalf of public transport authorities, cities and public institutions. Nextbike’s unique and holistic approach generates bike sharing solutions that are tailor made for each city’s respective infrastructure and work as a natural extension of established public transportation. Nextbike has developed proprietary hard-and software solutions that allow the company to offer bespoke solutions to its clients including any combination of pedal bikes, e-bikes, cargo-bikes and docking stations.

The company has expanded globally via its own operations and franchise partnerships and is currently active in over 300 cities with a deployed fleet of c. 115k bicycles. Its services and products deliver clear environmental and social benefits for cities through emission reductions and health advantages to citizens.

In this carve-out transaction STAR will, alongside the existing management team, help Nextbike further expand and strengthen its presence in Europe.

nextbike.de

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Contact

Map

Map

STAR Capital Partnership LLP

15th Floor, 33 Cavendish Square
London W1G 0PW
United Kingdom

Tel: +44 (0)20 7016 8500
e-mail: mail@star-capital.com

Important Notice: we have become aware that an organisation with a similar name has been targeting individuals in the UK through unsolicited calls to make cryptocurrency investments. Our firm, STAR Capital Partnership LLP, does not engage in this type of activity.  Please see here for information on how to protect yourself from financial fraud and, if you have fallen victim to it, please report it to the UK Financial Conduct Authority by telephone or email: https://www.fca.org.uk/consumers/protect-yourself-scams.