M&A Deal Summary

Equip Capital Acquires Ryde

On May 25, 2021, private equity firm Equip Capital acquired information technology company Ryde

Acquisition Highlights
  • This is Equip Capital’s 3rd transaction in the Information Technology sector.
  • This is Equip Capital’s 5th transaction in Norway.

M&A Deal Summary

Date 2021-05-25
Target Ryde
Sector Information Technology
Buyer(s) Equip Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Ryde

Oslo, Norway
Ryde is a scooter sharing company focused on solving the transportation issues that exists in congested cities today, as well as planning for tomorrow. Ryde was founded in 2019 and is based in Oslo, Norway.

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Buyer(S) 1

DESCRIPTION

Equip Capital is a private equity firm focused on acquiring small and mid-sized profitable companies in Scandinavia. Equip Capital seeks control positions in partnership with entrepreneurs and management teams. The Firm primarily invests in the consumer, industrials, and business services sectors. Equip Capital was founded in 2018 and is headquartered in Oslo, Norway.


DEAL STATS #
Overall 8 of 14
Sector: Information Technology M&A 3 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 9
Country: Norway M&A 5 of 7
Year: 2021 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-01 No Dig Alliance

Stockholm, Norway

No Dig Alliance delivers trenchless technology solutions for critical water infrastructure networks, including pipeline inspection, cleaning, rehabilitation, and maintenance. The Group installs and renovates underground pipelines without digging, using methods that are resource-efficient and have a minimal impact on the environment. By avoiding the need for excavation, these techniques significantly reduce carbon emissions, construction waste, and societal disruption - providing a sustainable alternative to traditional infrastructure repair methods. No Dig Alliance was formed in 2021 and is based in Stockholm, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Cloud Connection

Oslo, Norway

Cloud Connection is a provider of ERP, HRM and CRM software and services delivering software, development, and consulting services to companies of all sizes. Cloud Connection was founded in 1990 and is based in Oslo, Norway.

Buy -