Ryde Technology Acquired by Goldman Sachs | Technology M&A Deal

Goldman Sachs has completed the acquisition of Ryde Technology, a technology other business in Finland, for $85m. Ryde Technology operates European e-scooter services, supporting micromobility operations and urban mobility technology in Finland. Goldman Sachs acquisitions in technology M&A target scalable mobility platforms, aligning with a private equity acquisition strategy for growth and value creation. The deal is structured as a continuation fund transaction, with Equip Capital scoring a 9.1x MOIC return, and the private equity acquisition size reported in the $50m–$100m range.