Convent Capital has sold CROWD to Tikehau Capital
CROWD
CROWD is the leading pan-European provider of premium, circular and technology-enabled cycling infrastructure and street furniture products. In addition, the company offers installation and maintenance services and bespoke product designs. CROWD supports cities in transitioning to low emission mobility and creating greener urban areas to facilitate a healthier lifestyle of citizens.
The Deal
Under Convent Capital’s ownership, CROWD transformed into a pan-European leader in cycling infrastructure and street furniture on the back of a highly successful mergers and acquisitions strategy combined with strong organic growth. Management and shareholders decided to attract a new partner to support the business strategically and operationally in further growing and consolidating its market-leading position. Lincoln was appointed to assist Convent and CROWD and orchestrated a high-pace process, through which Tikehau Capital, the global alternative asset management group, emerged as the preferred partner.
Our Perspective
Sibert Meulenbelt, Lincoln International Managing Director who led the transaction, commented, “We are thrilled to have advised Convent on this milestone transaction. CROWD is a unique platform which has a profound role in shaping a sustainable public living environment across Europe. With Tikehau Capital, CROWD has found the optimal partner to further grow and consolidate its position as a visionary leader in cycling infrastructure and street furniture.”
Lincoln's expertise and unwavering commitment proved indispensable in achieving this extremely positive result. Through their strategic advice, guidance and execution capabilities we found the right partner for CROWD, with whom we will continue our mission to revolutionize cycling infrastructure and street furniture throughout Europe.
Meet our Senior Team
View More Transactions in Industrials
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.