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Announced

Completed

Blink Mobility completed the acquisition of Envoy Technologies.

Financials

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

Tags

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Domestic

ev services

Auto Services

Majority

Acquisition

ev equipment

Private

United States

Completed

Single Bidder

Friendly

Synopsis

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Blink Mobility, a nationwide public electric vehicle charging equipment & software provider, completed the acquisition of Envoy Technologies, a provider of onsite mobility services which includes electric car-sharing and EV charging for apartments, offices, and hotels. Financial terms were not disclosed. Blink Mobility’s acquisition of Envoy, combined with its existing EV car-sharing service, and with the recently awarded $7.5m to develop an electric car-sharing programs in New Jersey, will create one of the largest all-electric car-sharing companies in the United States leveraging one of the most robust platforms in the industry.

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