Summary
BitFlow supported Telescope Advisory Partner in the sell-side Due Diligence for Numbat. Through a Technical Due Diligence of the current tech stack, we were able to help Numbat successfully prepare the financing process.
Together with a banking consortium (led by DAL Deutsche Anlagen-Leasing), Patrizia SE is investing 140 million euros, with 70 million euros coming from Patrizia and 70 million euros from the banking consortium.
The investment will be used to install a total of 400 charging stations in the parking lots of Tegut supermarkets. 200 charging stations will be installed this year, the rest next year.
Telescope sees Numbat's product as very advanced and unique and emphasizes that it fits perfectly with the German government's plan to expand the charging infrastructure while meeting the growing demand for high-power charging solutions.
About Numbat GmbH
The cleantech company Numbat was founded in February 2021 in Kempten (Allgäu) by Martin Schall and Dr. Maximilian Wegener. It is a provider and operator of high-power charging solutions. The special feature of the high-performance charging stations is the integrated battery storage, which makes it possible to install the charging stations anywhere where the power grid does not have the necessary capacity.
About Telescope Advisory Partner
Telescope Advisory Partner was founded in 2010 and is based in Munich. Each member of the team is an expert in a specific field. Telescope now employs 35 consultants.
They support investors in transaction advisory projects (buy-side) with their expertise in the areas of M&A strategy, pre-DD support, Commercial Due Diligence (CDD) and Tech-DD. The consultancy focuses on small to medium-sized transactions.
