IMPROVED advises The Mobility House on the divestment of its fleet solutions business unit to Edenred

The Mobility House AG (“The Mobility House”), the pioneer in EV charging, V2G and energy, announces the divestment of its fleet solutions business unit (“TMH Solutions”) to Edenred SE (“Edenred”), a global digital platform for services and payments listed on the Euronext Paris stock exchange (EPA: EDEN). Completion of the transaction is expected in Q3-2026.

TMH Solutions operates as a stand-alone business unit within The Mobility House and provides turnkey installation and maintenance services for EV charging solutions through a curated network of installers, overseen by in-house project teams. The company also offers an advanced, proprietary smart charging and energy management solution (ChargePilot®), tailored to the specific needs of its B2B clients across Europe to optimise the TCO of their fleets, whether light commercial vehicles or heavy trucks. TMH Solutions has an established portfolio of approximately 23,000 charging points at workplaces and depots. It serves more than 5,000 customers and counts c. 60 employees.

The acquisition of TMH Solutions positions Edenred as the leading B2B mobility partner in Europe for mixed-energy fleets. Fully aligned with Edenred’s Amplify25-28 strategy to support fleet electrification, this transaction combines TMH Solutions and Edenred capabilities. On top of Spirii’s state of the art EV charging platform and Edenred’s best in class on-the-road charging offer, giving access to more than 1 million public charging points across Europe, fleet managers will benefit from TMH Solutions’ recognized expertise in EV charging operations and smart charging technology.

For The Mobility House Group, this strategic step marks a further sharpening of focus: the company is aligning even more strongly with its energy business, in particular Vehicle-to-Grid (V2G), stationary storage, and the aggregation and real-time marketing of battery flexibilities on the energy markets.

IMPROVED Corporate Finance supported The Mobility House throughout the transaction, marking the third deal where IMPROVED has served as The Mobility House’s trusted advisor. As the market for commercial fleet electrification is growing rapidly and is simultaneously entering a phase of consolidation, technologies and services that keep fleets available, efficient and monetisable, such as those provided by TMH Solutions, will continue to attract value and buyer interest in the coming decade.

Thomas Raffeiner, Founder & CEO of The Mobility House, said: "I am extraordinarily proud of our team, who have built The Mobility House Solutions into the leading provider in commercial fleet electrification. Together with Edenred’s unmatched reach and commercial access, our expertise and technology will take this business to the next level across Europe. For us at The Mobility House, this creates the opportunity to focus even more on the mission we have believed in from day one: turning every parked EV into a decentralised power plant and building a future where clean, affordable energy is available to everyone."

Dr. Herbert Diess, Chairman of the Board of Directors of The Mobility House, added: "The sale of our successful fleet and charging solutions business to Edenred will make us significantly faster and more efficient at our core. That is exactly what is needed in a competition that is only just beginning. With Edenred, our successful team around Heiko Bayer, our technology solutions and our customers are gaining a capable, powerful and committed new owner who intends to vigorously expand our existing activities in this field."

Daniel Heydenreich, Group CFO of The Mobility House, commented: "This successful transaction reflects the strong partnership between The Mobility House, Hogan Lovells, and IMPROVED. IMPROVED went far beyond the traditional advisory role, acting as a trusted partner throughout the process and helping to coordinate the transaction from start to finish. Their dedication, expertise, and close collaboration with our team were instrumental in achieving this important milestone.“

Bas Hendriks, Managing Partner at IMPROVED, continued: “The Mobility House has built real value in fleet and smart charging, and this transaction reflects that. Edenred was a natural acquirer, and it was good to work with their team again following the Spirii transaction in 2024. Fleet electrification is growing and consolidating. Services that keep fleets available, efficient and monetisable will continue to attract buyer interest."

IMPROVED Deal Team: Bas Hendriks, Jelle Walsteijn, Daan Schellekens