Inflexion advised by Quinn on Management Due Diligence as it announces buyout of Enviolo
With The Quinn Partnership advising on Management Due Diligence and providing Human Capital Planning support, Inflexion has announced that it has signed a definitive agreement to acquire leading e-bike components designer and developer enviolo Inc. (“enviolo”).
Headquartered in the Netherlands and with additional operations in Austin, Texas, enviolo designs and develops transmission systems for high-quality e-bikes mainly for the European and North American markets. The company’s proprietary technology enables cyclists to intuitively adjust the gear ratio, making riding safer and more enjoyable. enviolo has grown rapidly as the market for e-bikes has developed strongly in the past few years. The business benefits from an innovative, IP-rich product portfolio which it provides to leading global and regional bike brands.
Building on its market leading reputation, enviolo is well placed to benefit from increasing e-bike popularity as a result of the global transition towards smart and sustainable urban mobility.
“The enviolo team has created an innovative product offering which makes cycling more appealing and comfortable to the growing number of cyclists turning to it as a social, healthy activity and an environmentally friendly method of transportation in cities around the world. The team is incredibly driven and we look forward to working with them to grow their excellent business further both in the local Dutch market and internationally.”
Simon Turner, Managing Partner, Inflexion
“We are proud and excited about our opportunity to work with bike makers to develop great bikes together which can change riders’ lifestyles and ease congestion in urban areas. Our new partnership with Inflexion will help us grow faster as their proximity to our Amsterdam office and presence in the US, China and India are well placed to support our plans. We are greatly looking forward to this exciting new partnership.”
David Hancock, CEO, enviolo
“As the business has grown and evolved, David and the team have demonstrated agility, entrepreneurial skill, strong commercial credentials and clear commitment to an exciting product strategy.
With Inflexion’s support and backing they will now look to further professionalise, strengthen and scale their capacity as well continuing to drive the innovations and development of the cutting-edge engineering and technologies that are a core strength of the business and its inventive offering.”
Mike Stiles, Director, The Quinn Partnership
If you would like further information regarding our Human Capital Planning and Management Due Diligence services, please contact us.
This entry was posted in