FIH Partners advises GoMore in

Raising growth capital

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Transaction: Divestments
Date: January 2016
Deal value: Not disclosed
Process: Not disclosed
Industry: Retail and consumer goods

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FIH Partners advises GoMore in raising growth capital

FIH Partners advises GoMore in the sale of an undisclosed stake to Lennart Lajboschitz, founder of Tiger Stores and active business angel, as part of capital increase to fund further European expansion.

GoMore is a leading European platform for ridesharing and peer-to-peer car rental with more than 1 million active users across Denmark, Norway, Sweden, Spain and most recently also France. GoMore continues to experience triple digit year-on-year growth and to support further expansion GoMore initiated a process to attract additional growth capital. FIH Partners assisted GoMore in the preparation and execution of the process leading to the company’s largest ever capital increase.