M&A Deal Summary

Cooltra Acquires Cityscoot

On February 21, 2024, Cooltra acquired internet software and services company Cityscoot

Acquisition Highlights
  • This is Cooltra’s 1st transaction in the Internet Software and Services sector.
  • This is Cooltra’s 1st transaction in France.

M&A Deal Summary

Date 2024-02-21
Target Cityscoot
Sector Internet Software and Services
Buyer(s) Cooltra
Deal Type Special Situations/Distressed

Target

Cityscoot

Paris, France
Cityscoot is the first service that offers full access to electric scooters. Cityscoot was founded in 2014 and s based in Paris, France.

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Buyer(S) 1

Buyer

Cooltra

Barcelona, Spain

Category Company
Founded 2006
Sector Business Services
DESCRIPTION

Cooltra provides short- and long-term rentals of scooters and bicycles (including electric models) to both individuals and businesses across multiple European cities. Cooltra supports per-minute/hour sharing as well as day/month rentals and services for corporate fleets and public administrations. Cooltra was founded in 2006 and is based in Barcelona, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2024 M&A 1 of 1