Switchback Energy Acquisition Corporation Media and . US electric vehicle charging network operator ChargePoint has acquired Dutch eBus and commercial vehicle management provider ViriCiti for approximately 75 million. . Amsterdam-based ViriCiti is ChargePoint's second acquisition in the European market, and comes less than a month after it agreed to acquire operating software firm has.to.be. (RTTNews) - ChargePoint, Inc., an electric vehicle charging network, and Switchback Energy Acquisition Corp. (SBE) have signed a business combinat. Initially, on Sept. 23, 2020, Switchbank and ChargePoint agreed to merge. In addition, ChargePoint offers access to an additional 133,000 public places to charge through network roaming integrations across North America and Europe. Having reported sales of $146.5 million in its fiscal 2021, which ended Jan. 31, ChargePoint expects top-line growth of 136% in fiscal 2022. ChargePoint, Inc. Media Darryll Harrison Senior Director, Global Communications and Social Media 669-237-3380 Darryll.harrison@chargepoint.com media@chargepoint.com Switchback Energy Acquisition Corporation Media and Investors Scott McNeill and Jim Mutrie info@switchback-energy.com Investors Financial Profiles, Inc. Dan Oppenheim, CFA Switchback Energy Acquisition Corporation Media and Investors Scott McNeill and Jim Mutrie info@switchback-energy.com. Founded in 2007, ChargePoint has risen to become one of the world's leading charging . ChargePoint, Inc. Media Darryll Harrison Senior Director, Global Communications and Social Media 669-237-3380 Darryll.harrison@chargepoint.com media@chargepoint.com. CHPT stock is trading below $25 a share after ending 2020 at $40.08. Along with the pending acquisition of . Amsterdam, Netherlands & Campbell, CA, USA - August 11, 2021 - ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North America and Europe, today announced it acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. The combined company is expected to have an enterprise value of around $2.4 billion. In addition, they recently agreed an acquisition . In August 2021, ChargePoint announced its acquisition of ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets with a customer base in Europe and North America. Businesses, fleets and drivers turn to the ChargePoint team for EV charging education, resources and technology as they look to participate in the new fueling network. Chris Eccles, CEO of ChargePoint Technologies, said, " Partnering with Arcline is an incredible opportunity for us to further strengthen our commitment to delivering . Electric vehicle charger manufacturer and vehicle charging network manager ChargePoint has announced the licensing of 9,800 GE charging stations in a massive expansion of its EV charging network. ChargePoint Home - This is a small home charger that won an Edison Award for new product innovation and human-centered design. Switchback Energy Acquisition Corporation Reminds Stockholders to Vote in Connection with the Business Combination with ChargePoint, Inc. before February 25 be for 250 million ($295 million) in cash and stock, the electric vehicle charging network's first acquisition since it. 1. Their most recent acquisition was ViriCiti on Aug 11, 2021. Switchback Energy Acquisition (NYSE: SBE) announced on January 11 that it would hold a special meeting in mid - February to approve its combination with ChargePoint, operators of one of the . Date Number of "spots" June 2017 35,900 : July 2018 47,000 : September 2018 53,000 : November 2018 57,000 . Founded in 2007, ChargePoint has risen to become one of the world's leading charging . be will further accelerate its position in Europe's charging ecosystem. Switchback Energy Acquisition Corporation Media and Investors Scott McNeill and Jim Mutrie info@switchback-energy.com. The company went public in 2018 and raised $18 Charging stations are open 24/7; 365 days per year Company (IPO / Went public) ChargePoint expects to use transaction proceeds to expand its reach in North America and Europe, further enhance its technology portfolio and significantly scale its ChargePoint has over 50,000 stations nationwide, serving 70% of all new . Funding Rounds Number of Funding Rounds 15 Total Funding Amount $1.3B ChargePoint has raised a total of $1.3B in funding over 15 rounds. This exciting acquisition will further support the customers of ChargePoint Technology . ChargePoint claims to have more than 57,000 independently owned public and semi-public charging spots and thousands of customers ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp in a deal ESB owns, operates and . The move reportedly will enable ChargePoint to accelerate its product development, in order to get products like sterile and contained process solutions to market more rapidly. ChargePoint, one of the first and largest electric-vehicle recharging networks, said on Thursday that it will go public via a merger with special-purpose acquisition company Switchback Energy . ChargePoint makes money by selling charging hardware, through cloud service subscriptions, as well as maintenance services. Electric-vehicle-recharging network ChargePoint said on Thursday that it will go public via a $2.4 billion merger with special-purpose-acquisition company Switchback Energy ( SBE) - Get Switchback . Executive Summary: ChargePoint is an electric vehicle charging network that offers over 100,000 charging spots across the globe. FRANKLIN, Mass., Jan. 5, 2022 /PRNewswire/ -- ChargePoint Technology Ltd. ("ChargePoint"), a portfolio company of Arcline Investment Management ("Arcline"), today announced the acquisition of . ChargePoint Holdings (CHPT) is a California-based company that provides EV-charging infrastructure. Sterile and contained pharmaceutical product transfer specialist, ChargePoint Technology ("ChargePoint" or the "Company"), has today announced that it has been acquired by Arcline Investment Management ("Arcline"). ChargePoint stock went public in late 2020 and is now available on the New York Stock Exchange. This alone is why many experts believe now is the time to invest. be, an e-mobility provider with a leading European charging software platform. media@chargepoint.com. . As per the Form 424B3 filed by Switchback Energy Acquisition Corp. with the SEC, the shareholders of the SPAC were slated to approve the business combination with ChargePoint during a special . However, using an 8 multiple against its 2026 revenue works out to a market cap of $17.167 billion market cap, or $58.04 . ViriCiti. ChargePoint has made its second acquisition since going public in March, purchasing European electric fleet management company ViriCiti for 75 million ($88 million) in cash. AMSTERDAM & CAMPBELL, Calif.-- (BUSINESS WIRE)-- ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North America and Europe, today announced it acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. ChargePoint is also well capitalized from the process of going public, with $610 million in cash on the balance sheet. The acquisition is expected to enhance ChargePoint's fleet solutions portfolio of hardware, software and services by integrating information sources to optimize electric fleet operations. SpaceX set to launch massive satellite on July 2nd: 3 flights in 9 days. This exciting acquisition will further support the customers of ChargePoint Technology . This works out to $27.40 per share, or 5.7% higher than today's price. As part of the license agreement,ChargePoint adds more than 1,800 commercial and 8,000 residential charging locations to its network. ChargePoint, Inc. (the "Company" or "ChargePoint"), a leading electric vehicle ("EV") charging network, and Switchback Energy Acquisition Corporation However, it's had a rocky start on the market. One of these acquisitions will help ChargePoint expand its operations into Europe. ChargePoint Technology, the powder transfer specialist, has today announced the acquisition of Terracon Corporation a leader in the design, development, and manufacture of single-use products and accessories for mixing, transferring, and storing liquids and fluids in the biopharma and life science markets.. The Switchback SPAC (special-purpose acquisition company), which offered 30 million shares at its 2019 IPO for $10 apiece . Following the closing of the Business Combination, it is expected . . FRANKLIN, Mass., Jan. 5, 2022 /PRNewswire/ -- ChargePoint Technology Ltd. ("ChargePoint"), a portfolio company of Arcline Investment Management ("Arcline"), today announced the acquisition of . ChargePoint, an electric vehicle charging network, has struck a deal to merge with special-purpose acquisition company Switchback Energy Acquisition Corporation, with a market valuation of $2.4 . Executive Summary: ChargePoint is an electric vehicle charging network that offers over 100,000 charging spots across the globe. UPDATE. Its IPO was the result of a special purpose acquisition (SPAC) in which it merged with Switchback Energy Acquisition Corporation. Switchback's SEC filings are available publicly on the SEC's website at www.sec.gov.No Offer or SolicitationThis communication does not constitute an offer to sell or the solicitation of an . AMSTERDAM & CAMPBELL, Calif.-- ( BUSINESS WIRE )-- ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North America and Europe, today announced it. In particular, the company announced on August 11 that it has acquired ViriCiti for $87.9 million. campbell, ca and dallas, tx - february 26, 2021 - chargepoint, inc. (the "company" or "chargepoint"), a leading electric vehicle ("ev") charging network, and switchback energy acquisition corporation ("switchback"), a publicly traded special purpose acquisition company with a strategic focus on the energy value chain, today announced that the two ChargePoint is the seventh Bay Area tech company to announce plans to go public via a merger with the special purpose acquisition company (SPAC), though none of those deals has been completed to date. The most recent earnings call for ChargePoint paints an interesting picture. We'll publicly announce the acquisition later today. ChargePoint Technology, the powder transfer specialist, has today announced the acquisition of Terracon Corporation a leader in the design, development, and manufacture of single-use products and accessories for mixing, transferring, and storing liquids and fluids in the biopharma and life science markets.. Meanwhile in August, ChargePoint finalised the acquisition of eBus and commercial vehicle management provider ViriCiti. They acquired ViriCiti for 75M. be, an e-mobility provider with a leading European charging software platform. In addition, they recently agreed an acquisition . ChargePoint (CHPT) has the largest Level 2 charging network in North America and a lower risk business model, than competitor Blink Charging. As a refresher, Switchback and ChargePoint had entered into a definitive merger agreement on the 23rd of September. ViriCiti is based in Amsterdam, and it is ChargePoint's second acquisition in the European . be in Transaction Valued at 250 Million. Their latest funding was raised on Apr 4, 2022 from a Post-IPO Debt round. ChargePoint's offerings have attracted a growing customer base of more than 4,000 organizations and businesses, building a network of more than 115,000 public and private places to charge. ChargePoint has been trading on the New York Stock Exchange (NYSE) under the ticker symbol "CHPT" since September 2020. In particular, the company announced on August 11 that it has acquired ViriCiti for $87.9 million. ChargePoint went public through a special-purpose acquisition company reverse merger in February 2021. ChargePoint expands network with acquisition of nearly 10,000 GE chargers. Tuesday, July 20, 2021 4:30 PM - Amsterdam, Netherlands & Campbell, CA, USA ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North . A month later, the acquisition of e-bus and commercial vehicle management provider ViriCiti was announced as reported. ChargePoint makes money by selling charging hardware, through cloud service subscriptions, as well as maintenance services. Campbell, Calif. (USA) - June 28, 2018 - ChargePoint, the world's leading and most open electric vehicle (EV) charging network, continues to build on its category leadership by significantly investing in the future of mobility with the acquisition of Kisensum, a leader in fleet energy solutions. Contacts ChargePoint, Inc. Media Darryll Harrison Senior Director, . Investors Financial Profiles, Inc. Dan Oppenheim, CFA . be, an e-mobility provider with a leading European charging software platform. The deal is ChargePoint's second major European acquisition within the last month; in July it announced a 250 million intended takeover of has-to-be, the Austrian e-mobility provider and charging software platform developer. Darryll Harrison Senior Director, Global Communications and Social Media669-237-3380Darryll.harrison@chargepoint.com media@chargepoint.com. ChargePoint went public through a special-purpose acquisition company reverse merger in February 2021. be, the provider of be.ENERGISED, is a leading cloud- based e-mobility EV charging and enterprise software platform. The new stations will retain the GE software for the [] Switchback Energy announced an upcoming merger with ChargePoint, the world's largest electric vehicle charging network in North America and Europe. By: Mark Kane. To ensure that the change is as seamless as possible for customers like you, GE selected the industry leader to take over its charging business. ChargePoint is the world's first publicly-traded global EV charging network. ChargePoint is the world's largest EV charging network, offering solutions for every place drivers need to charge. In October, ChargePoint announced that it had completed the acquisition of electric mobility platform has-to-be, a Austria-based charging network provider that operates over 40,000 charging points across Europe. ChargePoint (CHPT) has the largest Level 2 charging network in North America and a lower risk business model, than competitor Blink Charging. Search: Is Chargepoint Public. ChargePoint, an electric vehicle charging network, has struck a deal to merge with special-purpose acquisition company Switchback Energy Acquisition Corporation, with a market valuation of $2.4 . . campbell, calif. & dallas, texas - september 24, 2020 - chargepoint, inc., (the "company" or "chargepoint") a leading electric vehicle ("ev") charging network, and switchback energy acquisition corporation (nyse: sbe) ("switchback"), a publicly traded special purpose acquisition company with a strategic focus on the energy sector, today announced According to management's longer-term outlook . In July 2021, it announced the acquisition of Austrian charging software specialist has-to-be. ChargePoint, Inc. entered into an indicative term sheet to acquire Switchback Energy Acquisition Corporation from Ngp Switchback, LLC and others in a reverse merger . ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, is nearing a deal to go public through a reverse merger with Switchback Energy Acquisition Corp, people . ChargePoint has acquired 4 organizations. Post navigation. ChargePoint Holdings, Inc. Press Darryll Harrison Senior Director, Global Communications and Social Media +1-669-237-3380 darryll.harrison@chargepoint.com media@chargepoint.com Investor Relations . ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North America and Europe, today announced it acq .