Ride Today Leads Acquisition of Dockr
Deal News | May 08, 2025 | Taylor Wessing
Ride Today, an emerging player in the mobility technology sector, has executed a significant strategic move by securing a multimillion-euro investment and acquiring Dockr, a leading Dutch mobitech company, from Pon. The investment was led by BES Management, a joint venture launchpad by BDO and Davy, indicating strong financial backing. Following the acquisition, Pon retains influence in Ride Today as a significant minority shareholder, reinforcing its confidence and vested interest in the cooperative venture. The transaction spanned across multiple jurisdictions, spearheaded by Taylor Wessing's international legal team with members based in Dublin, led by Adam Griffiths, alongside Dutch counterparts Marnix Geraerts and team in Amsterdam. This deal not only signifies a pivotal expansion for Ride Today but also strengthens its positioning in the European mobility market.
Sectors
- Mobility Technology
- Private Equity & Investment Management
Geography
- Ireland – Significant due to the involvement of the legal advisory team based in Dublin.
- Netherlands – Key location as Dockr is a Dutch company and one part of the advisory team was based in Amsterdam.
Industry
- Mobility Technology – Deals primarily with technologies that facilitate transportation and logistical solutions, relevant due to both Ride Today and Dockr's involvement in this sector.
- Private Equity & Investment Management – Involves investment firms and strategic funding activities, pertinent due to the roles of BES Management and the investment aspects of the transaction.
Financials
- Multimillion euro – Size of the investment by BES Management to enable Ride Today's acquisition of Dockr.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ride Today | Target company | Company | An emerging mobility technology firm involved in the acquisition of Dockr. |
| Dockr | Selling Company | Company | A leading Dutch mobitech business acquired by Ride Today. |
| Pon | Selling Company | Company | Former owner of Dockr and now a significant minority shareholder in Ride Today. |
| BES Management | Bidding Company/Investor | Company | Investment management firm led the funding round for Ride Today's acquisition of Dockr. |
| Taylor Wessing | Legal Advisor | Company | Legal firm advising Ride Today on both the investment and acquisition. |
| BDO | Joint Venture Partner in BES Management | Company | Professional services firm collaborating in the joint venture BES Management. |
| Davy | Joint Venture Partner in BES Management | Company | Investment firm partnering with BDO under the BES Management umbrella. |
| Adam Griffiths | Legal Advisor | Person | Partner and Head of Taylor Wessing's Dublin office leading the advisory on the transaction. |