Stepstone Corporate Finance+ congratulates its client Inflexion on its buyout of Enviolo, the global leader in the e-bike components market. For this transaction, we teamed up with our Bicycle Industry Expert Tom Onda Consulting.
Inflexion is a leading mid-market private equity firm that invests in high-growth, entrepreneurial businesses with ambitious management teams and works in partnership with them to accelerate growth. Inflexion’s flexible approach allows it to back both majority and minority investments, typically investing €100m to €350m of equity in European deals.
Enviolo designs and develops transmission systems for high-quality e-bikes mainly for the European and North American markets. The company’s proprietary technology enables cyclists to intuitively adjust the gear ratio, making riding safer and more enjoyable. Enviolo has grown rapidly as the market for e-bikes has developed strongly in the past few years. The business benefits from an innovative, IP-rich product portfolio that it provides to leading global and regional bike brands.
Building on its market-leading reputation, enviolo is well placed to benefit from increasing e-bike popularity as a result of the global transition towards smart and sustainable urban mobility.
With Inflexion’s support, enviolo plans to increase its production capacity, invest in product development, expand to the middle market segment to complement its leading position in the top segment, as well as expand its service offering.
