Rivean Capital Acquires Majority Stake in Green Mobility Holding

Ardian Acquires Majority Stake in Munich Electrification

July 17, 2026

Electrical Services

Ardian is acquiring a majority stake in Munich Electrification from the company’s founders. The deal includes additional capital to accelerate Munich Electrification’s battery management systems strategy, geographic expansion, and planned selective buy-and-build opportunities, with founders retaining a minority stake.

Goldman Sachs Alternatives Leads Equip Capital Fund I Majority Stake in Ryde Technology

May 29, 2026

Transportation

Ryde Technology (Oslo-founded e-scooter operator) has closed a significant ownership transaction in which Goldman Sachs Alternatives comes in as the lead investor in a new Equip Capital-managed fund. The new fund acquires a majority stake in Ryde and provides additional growth capital while Equip Fund I remains invested alongside founders, management, and minority shareholders.

Rivean Capital and Engelmann Management Acquire Majority Stake in Engelmann

November 20, 2025

Industrial Services

European private equity firm Rivean Capital, together with Engelmann’s management, acquired a majority stake in Engelmann from funds advised by DPE Deutsche Private Equity. The investment supports Engelmann’s continued international expansion and product innovation in smart submetering technologies for heat, cooling, and water measurement.

Rivean Capital Acquires Majority Stake in Perbility

October 22, 2024

Cloud & SaaS

Rivean Capital has signed an agreement to acquire a majority stake in Perbility Holding GmbH from existing majority shareholder Main Capital Partners. Perbility, a Bamberg-headquartered cloud-based HCM software provider with ~160 employees and over 1,500 customers, expects EUR 29 million revenue in 2024; the founder and CEO Andreas Meck and the management team are reinvesting alongside Rivean to support growth, product expansion and add-on M&A in the DACH region.

Green Mobility Holding Acquires Ubike (Belgium)

July 19, 2024

Transportation

Green Mobility Holding (GMH), a Munich-based, Rivean Capital–backed e-bike leasing platform, has acquired Ubike, a Belgian (e-)bike leasing provider founded in 2016. The deal expands GMH’s presence in Belgium—leveraging Ubike’s French-speaking team and Brussels office—while founder Michel Lagasse will remain on the team and reinvest part of his proceeds into GMH.

Green Mobility Holding Acquires o2o Bicycle Leasing in Belgium

September 7, 2023

Transportation

Green Mobility Holding (GMH), a Germany-based technology-enabled bike-leasing group backed by Rivean Capital, has acquired Belgian bike-leasing provider o2o. The deal brings o2o's ~45 employees and its customer relationships (over 1,000 corporate clients) into GMH as a first step in the platform's expansion outside Germany.