Clipperton acted as financial advisor to Smoove on its merger with Zoov. Founded in 2008 by Laurent Mercat, Smoove is a French pioneer in the bike sharing market and leading provider of shared bike systems across the globe (Moscow, Vancouver, Helsinki, Lima, Paris,…).
Merging with Zoov, the technological benchmark for self-service e-bikes, the new Smoove & Zoov entity is set to have the unique ability to address large business-to-government bike sharing tenders globally, while being more technology advanced than new free-floating entrants. It will therefore contribute to massively accelerate the modal shift from cars to bikes.
This deal highlights Clipperton’s expertise in micromobility as well as Cleantech, with this being the second transaction in 2021 in the field of ecological transition after the fundraising of TUCOENERGIE.