Northleaf Commits $200 Million to EVPassport, Open API-Driven Electric Vehicle Charging Platform
Summary
LOS ANGELES & TORONTO--(BUSINESS WIRE)--Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced it has agreed to acquire a controlling stake in EVPassport, Inc. (“EVPassport”), an electric vehicle (“EV”) charging platform company co-founded by Hooman Shahidi (Chief Executive Officer), and Aaron Fisher (Chief Technology Officer), which focuses on the deployment of Level 2 and Level 3 EV chargers across North America. “We’re excited to partner with EVPassport and apply our market knowledge and industry expertise to build out this critical infrastructure,” said Olivier Laganiere, Managing Director at Northleaf. “We are thrilled to have the support of a global infrastructure investor like Northleaf as an endorsement of our vision, model, and the market opportunity ahead of us,” said Hooman Shahidi, Co-Founder and CEO of EVPassport. “Northleaf’s experience and resources will enable us to accelerate our growth, execute our business plan, and ensure the highest quality of service and reliability to our drivers and enterprise customers. EVPassport is the technological evolution of EV charging software and hardware for forward-thinking companies worldwide that place high value on the satisfaction of their customers.