IMPROVED is pleased to announce that it acted as the exclusive financial advisor to Last Mile Solutions on the Growth Investment by EUROWAG. This landmark transaction earmarks the 9th consecutive deal and the 3rd deal in Q1 2021 within the rapidly growing EV charging ecosystem led by IMPROVED.
Through its unparalleled sector expertise and extensive global network in the industry, the IMPROVED team has successfully managed to find the optimal partner for Last Mile Solutions by advising the company throughout this highly competitive and cross-border fundraising process.
Last Mile Solutions is one of the fastest-growing pioneers in the EV charging industry. The company operates a state-of-the-art EV charging and smart energy management platform for E-mobility businesses in Europe. Through a highly scalable growth strategy, Last Mile Solutions is one of the largest independent EV charging software providers with more than 37,000 connected charging points and over 150,000 active charging cards with users across +22 countries.
The investment from EUROWAG, a leading provider of commercial transport solutions, will further fuel the expansion of Last Mile Solutions across Europe and accelerate the development of cutting-edge EV charging functionalities on its platform. Furthermore, the transaction supports EUROWAG’s position in the E-mobility market and confirms its focus on sustainable transportation. Through this partnership, both companies will combine efforts to provide their industry-leading E-mobility services to their customers and enhance the EV driver’s customer journey.