Eisenberger & Herzog and Reed Smith have advised Austrian start-up Greenstorm Mobility on an investment into the company from European private equity firm Bregal Milestone L.P. Shearman & Sterling and Dorda advised Bregal Milestone.
According to E&H, with the investment, Greenstorm plans to “improve its own service capacity, accelerate the growth of the company and further develop their e-commerce offer.”
Based in Kufstein, Austria, Greenstorm Mobility leases e-mobility solutions to hotels and businesses across Europe by providing its customers with e-bikes, electric cars, and charging stations. The company is active in Austria, Germany, Switzerland, Italy, Croatia, and Slovenia.
Bregal Milestone belongs to the private capital firm Bregal Investments, managing a EUR 400 million fund dedicated to making debt and structured/minority equity investments in European middle market companies in such sectors as technology, healthcare, business services, consumer, high value manufacturing, and specialty finance.
The E&H team was led by Partners Marcus Benes and Marco Steiner and included Attorney-at-law Laurenz Liedermann and Associates Johannes Feilmair and Niklas Kerschbaumer-Gugu.
The Reed Smith team advising Greenstorm on German law included Partner Florian Hirschmann and Associates Tobias Schulz and Siling Zhong-Ganga.
The Shearman & Sterling team in London was led by Philip Stopford.
Dorda’s Partner Tibor Varga worked on the side of Bregal Milestone.
