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New Deal


Announced

Completed

Macquarie completed the investment in ChargeZone.

Financials

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

Tags

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Engineering Consulting

India

Acquisition

Cross Border

Majority

Friendly

service engineering company

Private

Completed

Single Bidder

Synopsis

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Macquarie, a global financial services completed, completed the investment in ChargeZone, a EV network company. Financial terms were not disclosed. "We are delighted to embark on this journey with Macquarie Capital and look forward to driving positive change in India's electric vehicle ecosystem. This partnership will accelerate our efforts to create a greener and more efficient future for urban transportation. Our ultimate goal has been to accelerate the adoption of electric vehicles and the deployment of EV charging infrastructure throughout India. This collaboration with Macquarie Capital marks a significant milestone in our relentless pursuit of that goal and signifies our commitment to transitioning India's urban transportation towards sustainability, supporting the nation's objectives of reducing carbon emissions and promoting clean mobility,” Kartikey Hariyani, ChargeZone Founder and CEO.

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