Transportation

Investment firm acquires EV charging operator Bump

Image provided by DIF Capital Partners.

September 26, 2022

DIF Capital Partners, a Netherlands based private investment company, has acquired a 55% stake in Bump SAS, a Paris-headquartered charge point operator that designs, installs, operates and owns electric vehicle charging infrastructure, according to a press release.

The company has secured mid- to long-term contracts primarily with EV fleet operators, both in fleet depots and in third party car parks mostly in Paris and Lyon.

Founding shareholders include the management team, as well as Otoqi, a mobility services platform, and Firalp, a building contractor specialized in electrical and digital networks. All founding shareholders will remain invested in the company.

Bump has developed an EV charging infrastructure base with of over 1,700 charge points installed or signed by the end of 2022. DIF's investment will support the company in growing the portfolio of charge points.

The investment is DIF's second in the sector after the acquisition of a majority stake in Plugit Oy, a Finnish EV charging infrastructure company, last year.