Almere, September 10, 2014 - EV-Box, the largest producer and supplier of charging stations for electric vehicles and related cloud-based services in Europe, welcomes Gilde Equity Management (GEM) Benelux as a new shareholder.
"We are proud to call ourselves the most experienced player in our market, not only based on the fact that we have installed nearly 20,000 charging stations, but also by the diversity of the customers we serve and the variety of stations and services we provide," said Bram van de Leur, founder and CEO of EV-Box. "We are delighted that a renowned investor such as Gilde is supporting us in the next stage of our development. With Gilde on board we have the financial capacity to invest in accelerated international growth and we can expand our product and service range and better focus on local markets."
EV-Box is one of the most innovative players in the market. The coloured LED ring that they developed that shows the status of a charging session has been widely imitated in the market. They are also one of the leaders when it comes to smart charging (smart control of charge capacity). These qualities, along with an unrivalled track record of reliability, make EV-Box the ideal partner for solutions in the charging infrastructure, ranging from high capacity load points in the public areas to simpler home chargers, each linked with back-office technology that matches the requirements of users and operators. This has given them a strong position in Europe and there is a growing interest in EV-Box products in the United States and in Asia.
"Gilde has been interested in electric transport for some time already: The Netherlands is a pioneer in the adoption of electric vehicles and it is the undisputed leader when it comes to charging infrastructure. The boom development that has taken place in the Netherlands in recent years is currently gaining followers abroad, e.g. in Scandinavia, Great Britain and Germany, but also in the US and Asia. Companies that have gained substantial experience in the Netherlands are well ahead of the game," said Thijs Brakes, a partner at Gilde Equity Management. "This transaction allows us to be a part of the most successful and promising company in this young and dynamic market. We see ourselves playing an active role in further international deployment and international consolidation."
EV-Box with an installed base of nearly 20,000 charging points is the market leader in Europe in terms of charging infrastructure. The company provides charging stations for companies, parking garages and private individuals and it is the producer behind public charging networks in places such as Rotterdam, Amsterdam and the province of Gelderland. In addition to hardware the company also provides cloud-based services for commercial operation of charging stations (including registration and settlement of charging sessions) and efficient maintenance. EV-Box also provides platform solutions for recording transactions for leasing companies and other providers of charge cards.
About Gilde Equity Management
Gilde Equity Management (GEM) Benelux is an independent private equity firm. GEM Benelux recently acquired and closed a new fund in a short period of time, GEM Benelux III, for the limit they set themselves of EUR 275 million. With this fund GEM Benelux will continue its successful strategy of investing in companies in the smaller to middle segment in Benelux. Examples of investments made by Gem Benelux are Pré Pain, a leading manufacturer of small baked rolls; Conclusion, a specialist IT and business process outsourcer; Actief Interim, the largest independent staffing agency in Belgium; and BlueCielo, a developer of Asset Information Management Solution software for companies worldwide. For more information, see our website www.gembenelux.com.