VisionEdgeOne acquires bikeshare company Inurba Mobility

Launched in 2023, VisionEdgeOne's strategy focuses on the logistics, digital, energy transition and urban sectors, with the goal of identifying, investing in and developing infrastructure of the future in a sustainable manner.

This acquisition will support Inurba Mobility's expansion and growth in the European bike sharing sector by securing new concessions with European cities looking to become more sustainable.

Law firm CMS Grau advised infrastructure investment firm VisionEdgeOne

Narinder Jugpal, a partner at CMS UK, commented, “We are delighted to have supported VisionEdgeOne in their first investment. It has been a great opportunity to collaborate with them to achieve this significant milestone within their exciting strategy”.

“The bike sharing market is dynamic and expanding, driven by ambitious sustainable mobility initiatives and a transition to greener cities. We are confident that this acquisition will provide Inurba Mobility with the backing it needs to thrive and expand its reach into new cities committed to sustainability,” he added.

Adam Ringer, head of origination at VisionEdgeOne, added: “Inurba Mobility is well positioned to grow within its current footprint and to win new concessions, given the strong demand for bicycles as an affordable, healthy and environmentally friendly extension of public transportation”.

“We are extremely grateful to Narinder and the CMS team for their unwavering support throughout the process. We appreciate their expertise and deep knowledge, which were instrumental in bringing this transaction to a successful conclusion,” he added.

The CMS team was led by Narinder Jugpal and included collaboration from CMS teams in the UK, Spain, France, Poland and Peru. In the UK, the team was comprised of Ben McParland, Jennifer Ross, Diana Psyarenko, Amrit Duhra, Jason Todd, Rebecca Stewart and Ayse Neva Sark.

The team from CMS Spain comprised Luis Miguel de Dios, Luis Trigueros von Korff and Itziar Martinez-Pardo, and from France, Thomas Hains, Vincent Desbenoit, and Mailys-Claire Diogo

The lawyers at CMS Poland involved in the transaction were Mateusz Stepien and Magdalena Zmyslowska, and in Peru Juan José Hopkins and Andrea Paiba.

With 1,400 corporate lawyers in more than 80 offices around the world, the CMS corporate practice has established itself as a leader in advising private equity managers on their most complex cross-border transactions.