Quadia is pleased to announce the successful exit from its portfolio company Cyclobility, a leading Belgian provider of bicycle leasing services for private and public corporate employees.
Since our investment through the Regenero Impact Fund in early 2022, the company has more than tripled in size and has opened four additional physical stores across the country, significantly contributing to the large-scale adoption of e-bikes as a viable commuting alternative to cars.
Quadia has been honoured to support the Cyclobility team in achieving such a spectacular growth and establishing further impact commitments and measurements across the value chain of the company, from suppliers to bike users.
The company has been acquired by the reputable Belgian PE fund Down 2 Earth Capital, who will enable the company to grow further growth and continue to support the impact vision of Cyclobility’s founding team.