DIF Capital Partners has acquired a 55 percent stake in Bump, a Paris-based charge point operator (CPO) that designs, installs, operates and owns electric vehicle (EV) charging infrastructure.
Bump secures 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. The company has developed a fast-growing existing EV charging infrastructure base, with an expected portfolio of more than 1,700 charge points installed or signed by the end of 2022.
DIF’s investment will support the company in significantly growing the portfolio of charge points with the goal of becoming one of France’s market leaders in the fast-growing B2B segment. France is a key target market for DIF and is served locally by its 13-person team in Paris.
“We are excited about this opportunity to accelerate our growth and tap the booming French EV market,” said François Oudot, CEO of Bump. “Partnering with DIF