Business payment service provider FLEETCOR Technologies has acquired Plugsurfing, the operator of an “EV charging ecosystem platform.”
Plugsurfing, which has offices in Berlin, Stockholm and Helsinki, aims to enable “a seamless driver experience” by connecting drivers, charge point operators and carmakers. The company’s platform incorporates a network of over 390,000 charge points across Europe, as well as a consumer app and custom solutions designed for business partners. “We serve charging point operators with a back-end cloud software for managing everything from country-specific regulations to providing diverse payment options for customers. Carmakers benefit from white-label solutions as well as deeper integrations with their in-house technology.”
FLEETCOR says the acquisition of Plugsurfing will expand its EV capabilities in Europe and enhance its product offering to existing and new customers.
FLEETCOR parent company Fortum’s investment “brought Plugsurfing the Power Platform, Europe’s most robust platform for EV charging,” said Tatu Kulla, CEO of Plugsurfing. “FLEETCOR will bring more focus to our product roadmap, delivers complementary capabilities to customers and partners, and gives us an opportunity to expand more rapidly and broadly across market segments and geographies.”
“The acquisition of Plugsurfing demonstrates FLEETCOR’s commitment to developing world-class EV solutions for our thousands of commercial fleet customers, while tapping into new customer segments through unique capabilities that Plugsurfing has today,” said Tom Rowlands, Global Managing Director of EV at FLEETCOR. “Tatu and team have built a compelling suite of products and services.”