Deal Snapshot
LYFT ACQUIRES AMERICA´S LARGEST BIKESHARE SERVICE
Wednesday 05 December 2018

US-based rideshare company Lyft is completing the acquisition of America's largest bikeshare service, Motivate, the company said.
Headquartered in New York City, the company is responsible for the growth of the country's most ridden bikeshare systems, including Citi Bike (New York), Ford GoBike (San Francisco Bay area), Divvy (Chicago), Bluebikes (Boston Metro area), Capital Bikeshare (Washington, DC metro area), Biketown (Portland), CoGo (Columbus, Ohio), and Nice Ride (Minneapolis).


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Details
Date Published: 05/12/2018
Target: Motivate
Country: USA
Deal Size: 250m (USD)
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Lyft
Comment:


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