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New Deal


Announced

ChargePoint to acquire has to be from Volkswagen for $295m.

Financials

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Transaction Value£214m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

Majority

Single Bidder

Private

Acquisition

Pending

Auto Services

e-mobility

Germany

Synopsis

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ChargePoint, an electric vehicle charging network operating in North America and Europe, agreed to acquire has to be, e-mobility provider with a charging software platform, from Volkswagen for $295m. "We’re excited to announce our agreement to acquire has·to·be, a leader in its own right with a talented team, an impressive base of customers committed to e-mobility and robust technology. Our combined assets should position us to accelerate our leadership as electrification continues to take hold across continents," Pasquale Romano, ChargePoint President and CEO.

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