Parties
Company
Forum Mobility
Company
CBRE Investment Management
On January 17, 2023, Forum Mobility, a zero-emission trucking solutions provider, announced the closure of a $15 million Series A funding round, and a new $400 million joint venture, both led by a fund sponsored by CBRE Investment Management, to provide comprehensive, zero-emission charging and vehicle solutions to drayage truck fleets and drivers. Homecoming Capital also participated in the Series A funding round and provided $100 million to the joint venture.
Torys acted as counsel to CBRE Investment Management with a team led by Huw Evans and that included Adam Banack, Dan Ford, Konata Lake and Delia Luca (corporate/investment), Jonathan Wiener and Rachel Goodwin (financing), Peter Keenan and Michelle Lu (tax).
Wilson Sonsini Goodrich & Rosati advised Forum Mobility with a team that includes Randy Lewis, Scott Zimmermann, Matt Bogdan, Virginia Harris, Benjamin Armuth, Kristy Strohm, Karli McConnell, Kathleen Rothman, Joe Catapano, and Rick Titcomb.
Deal Type
Joint VentureIndustry
TransportationTransaction
$ 542,071,528Deal Status
ClosedClosing Date
17 January 2023