Acquiring Company
EVSE
Acquired Company
ENGIE Energy Access
Silverwater
ParisElectric VehicleAutomotiveEnergyDescription
EVSE has acquired ENGIE's EV charging network in Australia and New Zealand, increasing its locations by over 230. This acquisition strengthens EVSE's national footprint and enhances its ability to provide seamless charging solutions for customers. The deal includes high-traffic sites, contributing to the rapid growth of EV infrastructure in the region. Co-founder Brendan Wheeler emphasizes the importance of this transaction in facilitating easier access to charging for electric vehicle users.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed