Collas Crill has advised JEV Company Limited (JEV Co) on its recent acquisition of the Home James businesses in Jersey. JEV Co runs the EVie electric bike and car-sharing businesses in Jersey and Guernsey.
As part of the deal, JEV Co has acquired three distinct companies that are complementary to the EVie shared electric transport offering; Home James Carback, Home James Valeting Service and Home James Taxi Service.
The merger will offer significant synergies and benefits for both parties: for EVie it will provide the opportunity to develop revenue streams that are counter cyclical to its car and bike sharing businesses, and also to boost its management team; and for Home James it will provide the capital and resources to grow its business lines and to take advantage of Evie's technology platform.
Read the JEV Co press release for more information.
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