News / 07.06.2021

Haavind has advised Ryde Technology and its founders in the majority sale to Equip Capital

Author(s) Nicolai Heyerdahl

Ryde Technology is a major player in the rapidly growing Norwegian e-scooter sharing market, with market leading positions in several Norwegian cities, including Oslo, Bergen and Trondheim.

100x640 e scooter

In addition to the sale of a majority stake to Equip Capital, the transaction involved the founders’ re-investment of part of the proceeds and an issue of additional shares through a private placement. Haavind assisted Ryde Technology and its founders through the whole process.

 Haavinds core team consisted of Bård Sandstad, Ragnar Koffeld and Herman Stieng.

Read more (Norwegian)