M&A Deal Summary

Bolt Mobility Acquires OjO Electric

On December 30, 2020, Bolt Mobility acquired consumer services company OjO Electric for 3M USD

Acquisition Highlights
  • This is Bolt Mobility’s 1st transaction in the Consumer Services sector.
  • This is Bolt Mobility’s largest (disclosed) transaction.
  • This is Bolt Mobility’s 1st transaction in the United States.
  • This is Bolt Mobility’s 1st transaction in California.

M&A Deal Summary
Date 2020-12-30
Target OjO Electric
Sector Consumer Services
Buyer(s) Bolt Mobility
Deal Type Special Situations/Distressed
Deal Value 3M USD

Target

OjO Electric

Oxnard, California, United States
OjO Electric Corp. provides safe, sustainable Light Electric Vehicle (LEV) mobility solutions in collaboration with municipal governments to reduce traffic congestion and carbon emissions. OjO Electric Corp. is based in Oxnard, California.

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Buyer(S) 1

Buyer

Bolt Mobility

Miami, Florida, United States
Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Bolt Mobility is a provider of sustainable micromobility technology solutions throughout the world. Bolt Mobility design technology for electric scooters, bikes, and mopeds that can help organizations increase efficiencies and mobilize their workforce. Bolt Mobility was founded in 2018 and is based in Miami, Florida.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 VanMoof

Amsterdam, Netherlands

VanMoof an innovative e-bike startup that is engaged in the manufacturing of e-bikes. VanMoof was founded in 2009 and is based in Amsterdam, Netherlands.

Buy -
Mergr

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