Birketts advises EO Charging on $80 million equity raise
23 February 2023
Birketts’ Corporate Team has advised EO Charging, a leading provider of electric vehicle charging solutions for fleets, on its $80 million equity investment from Vortex Energy and Zouk Capital.
Founded in 2014 by entrepreneur Charlie Jardine, EO is focused on smart charging solutions for electric car, van, truck and bus fleets. Its unique end-to-end solutions offer customers everything they need to transition to electric at scale and pace, no matter the size of their fleet.
The two investors are coming together in a partnership that will support EO’s path towards global leadership in EV fleet charging as zero-emission transportation adoption accelerates.
On the transaction, Rachel Astill said: “It has been a pleasure working with the EO Charging team on their latest equity raise. The EV charging sector is an exciting one to be involved in and we’re delighted that we have been able to play a role in EO’s growth and expansion.”
John Jardine, Managing Director, EO Charging said: “Our thanks goes to the Birketts team, whose expert support and client care were vital to the success of this transaction. Their specialist advice was invaluable whilst navigating this investment round, and we’re excited to have the funding and service offering to develop our leadership on a global scale as the market continues to accelerate.”