Tiger-backed Qwello completed the acquisition of Park&Charge.

Tiger-backed Qwello, a provider of charging infrastructure, completed the acquisition of Park&Charge, an infrastructure for charging electric vehicles. Financial terms were not disclosed. “Qwello’s vision has always been to offer a turnkey charging infrastructure solution for the whole of Europe that enables cities and municipalities to make it easier for their citizens to get started with electromobility. In Park & Charge, we have found a partner that not only shares our values, but also fits perfectly with our European growth strategy. We share the focus on user-friendliness and innovation, and our collaboration makes it possible to combine the expertise of both Qwello and Park & Charge in the fields of operation, installation, and maintenance," Henrik Thiele, Qwello Founder.