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Recent deal ⸱ 20-09-2024

Lexence has assisted Waterland with the acquisition of Hellorider.

Lexence has assisted Waterland with the acquisition of Hellorider. Hellorider is a major player in the corporate bicycle leasing market and, as a fast-growing SaaS company, offers a platform that allows (mobility) partners to offer bicycle leasing to their customers. The platform, developed entirely in-house over the past five years, has a nationwide network and works with around 1,500 bike dealers. Partners (and their customers) can choose from some 200+ bike brands, of which a large portion are electric bikes. Currently, some 30 partners use the Hellorider platform, including practically all leading car leasing providers and a rapidly growing number of bicycle dealers in the Netherlands. Through Hellorider, more than 300,000 employees now benefit from a business bicycle leasing scheme.

Tomas Simons, Partner at Waterland: “By working with partners such as car leasing companies, Hellorider can help more employers shape their green mobility policies – a key topic within our investment theme Sustainability. We hope to actively contribute to Hellorider’s growth.

The Lexence team consisted of: Kevin Beukeveld, Sabrine Dokkum, Oscar Bouwens, Manouk Homma and Nicky Spaan.

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