Autonomous vehicle OEM 2getthere will support ZF Friedrichshafen in its development of the next generation of driverless cars and future urban mobility solutions following a deal advised by Hampleton.
This is the second autonomous vehicle technology transaction closed by Hampleton within the space of nine months.
ZF Friedrichshafen, the global automotive supplier and developer of the next generation of autonomous vehicle technology, has taken a majority stake in 2getthere, the manufacturer of driverless electric shuttles for future urban mobility.
Hampleton said the transaction offers ZF Friedrichshafen a world leader in autonomous urban transit and e-mobility solutions, while globally extending 2getthere’s commercial and technology reach.
David Riemenschneider, head of Hampleton’s Automotive Practice, said: “We are extremely proud to have partnered with 2getthere, pioneers in the driverless electric vehicle market who have a legitimate claim to the future of urban mobility.
“The 2getthere executive team has shown incredible talent, vision and drive to get to this point. I am personally looking forward to seeing the company, led by an outstanding management team, continue to reach new heights in cooperation with ZF.
“One thing is clear: autonomous vehicles will not just change future mobility choices but will also transform everything from urban planning, global supply chains and even the way people live, work and play. The tie-up between 2getthere and ZF puts the combined company firmly in control of this revolution.”