Drake Star Acts as Financial Advisor to Ecotap on its Partnership with Legrand

  • Year
  • Sector
    Mobility & Sustainability Mobility
  • Our Mission
    Drake Star Acts as Exclusive Advisor to Ecotap

The Netherlands | France | August 2, 2021 – Ecotap, the leading Netherlands-based EV charging solution provider, announced that it has entered into a partnership with Legrand SA, therewith finding an optimal growth partner to further accelerate its international expansion.

With more than 40K charge points installed in over 22 countries, Ecotap is one of the leading European specialists in AC and DC chargers, offering full-suite solutions and services for homes, businesses, and public places.

eMobility has surpassed its tipping point, and EV demand is growing at a stellar pace. To support the ever-growing EV fleet and enable optimal user experience, there is a strong need for smart, reliable, and scalable charging solutions.

Ecotap found the most complimentary partner for scaling the business while staying close to the company culture. The partnership with Legrand enables Ecotap to accelerate its international growth through Legrand’s extensive global reach, expertise, and network. Importantly, Legrand scores high in its ESG policy and actively supports social entrepreneurship and diversity, making it the perfect fit with Ecotap’s culture.

Furthermore, the growth partnership with Ecotap enables Legrand to strengthen its presence in eMobility and step up its growth throughout Europe by offering full-suite EV charging solutions contributing to its commitment to creating reliable infrastructure including the buildings of tomorrow.

About Ecotap

Ecotap is a Dutch EV charging solution provider based in Boxtel, with a workforce of around 60 FTEs. In 2021, revenues are anticipated at some €40 million, generated in over 22 countries. Ecotap is one of the leading European specialists in alternating current and direct current chargers, offering full-suite charging solutions and services for homes, businesses, and public places.

For additional information, please visit www.ecotap.nl

About Legrand

Legrand is the global specialist in electrical and digital building infrastructures. It’s comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and sustainable growth driven by acquisitions and innovation, with a steady flow of new offerings—including Eliot-connected products with enhanced value in use. Legrand reported sales of €6.1 billion in 2020. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes. (code ISIN FR0010307819).

For additional information, please visit www.legrandgroup.com

About Drake Star 

Drake Star is an award-winning global tech investment bank that has completed over 400 transactions since 2013. Drake Star team of over 125 senior professionals across offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Dubai*, and Singapore* focuses on mergers & acquisitions and corporate finance services worldwide in Consumer & Retail Technology, Digital Media, FinTech, Mobility & Sustainability, Software/SaaS, Digital Services, and Industrial Tech sectors.
Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorized and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.


 *Partner Offices