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Announced

Completed

APG led a €250m investment in Driveco.

Financials

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Transaction Value£217m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Acquisition

Private

Private Equity

Friendly

electric vehicle charging

Electronic Components and Equipment

Cross Border

Minority

Completed

Single Bidder

Synopsis

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APG, an investor, led a €250m investment in Driveco, an electric vehicle charging company. “This investment represents another milestone for APG and its pension fund clients ABP and PPF to significantly reduce carbon emissions worldwide and support the development of infrastructure solutions for the energy transition," Carlo Maddalena, APG Senior Portfolio Manager.

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