Portfolio

Overview

In May 2024, STAR acquired a majority stake in the Nextbike Group (“Nextbike”) from TIER Mobility SE. Nextbike is a leading developer and provider of innovative urban bike sharing solutions in Europe.

Founded in 2004 and headquartered in Leipzig, Nextbike provides public bike sharing schemes on behalf of public transport authorities, cities and public institutions. Nextbike’s unique and holistic approach generates bike sharing solutions that are tailor made for each city’s respective infrastructure and work as a natural extension of established public transportation. Nextbike has developed proprietary hard-and software solutions that allow the company to offer bespoke solutions to its clients including any combination of pedal bikes, e-bikes, cargo-bikes and docking stations.

The company has expanded globally via its own operations and franchise partnerships and is currently active in over 300 cities with a deployed fleet of c. 115k bicycles. Its services and products deliver clear environmental and social benefits for cities through emission reductions and health advantages to citizens.

In this carve-out transaction STAR will, alongside the existing management team, help Nextbike further expand and strengthen its presence in Europe.

nextbike.de