M&A Deal Summary

GreenMobility Acquires twist

On June 21, 2021, GreenMobility acquired internet software and services company twist

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

M&A Deal Summary

Date 2021-06-21
Target twist
Sector Internet Software and Services
Buyer(s) GreenMobility
Deal Type Add-on Acquisition

Target

twist

Stuttgart, Germany
twist brings environmentally-friendly mobility to rural areas by sharing offers for electric cars and scooters whenever needed. twist was formed in 2019 and is based in Stuttgart, Germany.

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Buyer(S) 1

Buyer

GreenMobility

Copenhagen, Denmark

Category Company
Founded 2015
Sector Internet Software and Services
Employees17
Revenue 130M DKK (2024)
DESCRIPTION

GreenMobility offers modern urbanites easy, flexible, and sustainable transport in the form of electric, shared city cars. Users have access to these cars via the GreenMobility app. Trips are paid per minute, through minute packages, or on a daily basis. Today, GreenMobility operates a total of 950 EVs in Copenhagen, Aarhus, Malmö, Gothenburg, Antwerp, Gent, Brussels and Helsinki. GreenMobility was founded in 2015 and is based in Copenhagen, Denmark.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1