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New Deal


Announced

Antara Capital to invest $300m in ChargePoint.

Financials

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Transaction Value£228m
Consideration TypeLoan Notes, Cash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Domestic

Friendly

Pending

Auto Services

electric vehicle charging

United States

Acquisition

Private Equity

Single Bidder

Public

Synopsis

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Antara Capital, a private investment firm, agreed to invest $300m in ChargePoint, a fueling network to move people and goods on electricity. Under the terms of the investment, Antara Capital will purchase a total aggregate principal amount of $300m in 3.5% / 5% convertible senior notes due 2027. The transaction is expected to close on April 12, 2022.

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