Tyrolean start-up Greenstorm Mobility secures million Euros investment by Bregal Milestone with the help of Eisenberger & Herzog
Award-winning Austrian start-up Greenstorm Mobility, which leases e-mobility solutions to hotels and businesses across Europe, has received a double-digit million Euro investment from European private equity firm Bregal Milestone. The capital comes from Bregal Milestone’s 400 million Euro fund dedicated to investments in high-growth European companies. With the investment, Greenstorm plans to improve its own service capacity, accelerate the growth of the company and further develop their e-commerce offer.
Eisenberger & Herzog advised on the cross-border transaction under the lead of Partners Marcus Benes (Financing) and Marco Steiner (Corporate Law). On German law, Greenstorm was advised by Reed Smith.
Advisors of Greenstorm
Eisenberger & Herzog: Marcus Benes (Partner, Banking & Finance) and Marco Steiner (Partner, Corporate/M&A), Laurenz Liedermann (Attorney-at-law, Banking & Finance), Johannes Feilmair and Niklas Kerschbaumer-Gugu (both Associates, Corporate/M&A)
Reed Smith (Transaction Counsel): Florian Hirschmann (Partner, Lead Counsel), Tobias Schulz and Siling Zhong-Ganga (both Associates, Private Equity/M&A)
Advisors of Bregal Milestone L.P.
Shearman & Sterling: Philip Stopford (Lead Counsel, London)
DORDA Rechtsanwälte GmbH: Tibor Varga (Partner, Vienna)
Ernst & Young (Vienna)
Greenstorm Mobility GmbH based in Kufstein, Austria, provides its customers with e-bikes, electric cars and charging stations with an innovative rental concept. The company is expanding internationally and has so far been active in Austria, Germany, Switzerland and Italy as well as in Croatia and Slovenia. In 2017, Greenstorm was listed in fourth place in the growth ranking of Austrian companies. In 2018, Greenstorm has already been awarded the Tyrol Innovation Award as well as the German Innovation Award and is one of the finalists of the EY Entrepreneur Of The Year competition in the “Start-ups” category.
About Bregal Milestone
Bregal Milestone L.P. belongs to the private capital firm Bregal Investments, managing a 400 million EUR fund dedicated to making debt and structured/minority equity investments in growing European middle market companies in sectors such as technology, healthcare, business services, consumer, high value manufacturing and specialty finance.