Go to deals
Consumer & Retail | Real Estate | TMT

sigo green GmbH has acquired the assets of sigo GmbH in the context of insolvency in self-administration

October 2023 — sigo GmbH has sold its assets as part of a transferring reorganization to sigo green GmbH.

With its inductive charging stations, sigo GmbH is one of the first providers of a fully automated e-cargo bike system in Germany, including proper software solutions. The company operates in a B2B2C model and cooperates with the housing industry and municipalities to drive the transition to e-mobility. Over the past five years, sigo has been a frontrunner in the mobility transition and has significantly contributed to changes and improvements in the industry. With its holistic product and service offering, sigo has established itself as a leading provider of shared e-cargo bikes solutions.

sigo green was newly founded for the acquisition of sigo’s assets and is owned by the well-known entrepreneur and founder of Akasol AG, Felix von Borck. The investor has extensive experience in the areas of e-mobility, company set up and development. Through his know-how and under the direction of a new management board, sigo green will be steered toward its planned growth and profitable operation.

Our role in the transaction

Oaklins’ team in Germany exclusively advised the managing directors of sigo GmbH on the search for investors and the sale of the assets in the context of the insolvency in self-administration.

Parties
“Despite the difficult market environment, Oaklins managed to set up a competitive M&A process and get it over the finish line in a very short period of time.”

Thorsten Näbig

Managing Director, sigo GmbH

Talk to the deal team

Christian Moritz

Associate Director
Frankfurt, Germany
Oaklins Germany

Related deals

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Private Equity | Consumer & Retail

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.

Learn more
BIG BIO Herlev and BIG BIO Nordhavn have been acquired by Nordisk Film Biografer
TMT

BIG BIO Herlev and BIG BIO Nordhavn have been acquired by Nordisk Film Biografer

BIG BIO Herlev and BIG BIO Nordhavn, two premium cinemas in the Copenhagen area, have been acquired by Nordisk Film Biografer, part of Nordisk Film, which is owned by Egmont. The acquisition expands Nordisk Film Biografer’s presence in the Danish cinema market and strengthens its premium cinema offering, adding two established venues to its portfolio.

Learn more
Freeway Fleet Systems has been acquired by Movement Software
TMT

Freeway Fleet Systems has been acquired by Movement Software

Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.

Learn more