Announced
Completed
Financials
Tags
Completed
Single Bidder
Minority
Private
Venture Capital
Alternative Electricity
Domestic
United States
fleet electrification services
Friendly
Acquisition
Synopsis
Pickering Energy Partners, an energy-focused financial services institution, led a series A funding round in Merge Electric Fleet Solutions, a premier fleet electrification services and finance company. Financial terms were not disclosed. “Fleet electrification is this country’s most efficient and cost-effective path to transportation emissions reduction. The increasing market and regulatory momentum are pushing businesses of all types and sizes to fleet electrification. Merge provides the services that these businesses need to confidently meet their fleet electrification goals with simplicity and affordability,” Glen Stancil, Merge CEO.
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