Bolt, the leading European shared mobility platform, has acquired Viggo, Denmark’s top-performing ride-hailing company, in a strategic move to expand its presence in regulated European markets. This acquisition enables Bolt to quickly launch and scale ride-hailing services in the country, adding to its existing e-bike rental operations in Copenhagen.
With a fleet of more than 300 high-quality electric vehicles and a network of over 450,000 users across major cities in Denmark, Viggo will enable Bolt to rapidly establish and expand ride-hailing services in Denmark.
IMPROVED acted as the exclusive financial advisor to Viggo and its shareholders in this transaction. With strategic value at its core, we secured the ultimate partnership for Viggo and Bolt to lead the Danish ride-hailing market. This transaction further expands on our strong track record of advising leading entrepreneurial management teams and investors in the Climate Tech and Mobility domain – through creative specialist corporate finance services.