Taurus Advisory advised the Dussmann Group and Mainova AG on the sale of the shares in Chargemaker GmbH to ista SE
Chargemaker was founded in 2020 as a joint venture between the Dussmann Group and Mainova to offer business clients comprehensive charging solutions. With around 2,000 charging points, the company has established itself as a leading provider for companies and commercial properties in Germany. With this transaction, a buyer has been found who will drive forward the existing scaling strategy with further investments and thus further expand ista's charging infrastructure offering.
The Taurus Advisory team (Dr Dirk Findeisen, Volker Ruhl, Manuel Konigorski, Marc Zajonc) structured the transaction process in close coordination with the shareholders' M&A teams.
‘Chargemaker has established itself in the rapidly growing market for charging infrastructure within just a few years. In particular, the valuable experience in commercial and residential buildings are important core elements for continuing the growth course together with ista and building the leading provider of charging infrastructure in the property sector,’ says Volker Ruhl, Managing Director of Taurus Advisory.
In future, Chargemaker will be managed as an independent unit integrated into ista's setup. Managing Director Björn Dethlefsen will remain with the company to continue the growth trajectory together with the buyer and the employees.
"Taurus knows its craft. We were guided through the entire process in an extremely professional manner - from the teaser to the signing. All of Taurus‘ project staff actively supported us around the clock."
SIMON WISSELER, SENIOR MANAGER M&A AND VENTURE CAPITAL AT MAINOVA