Marathon Capital, LLC (“Marathon Capital”) is pleased to announce it has advised EV Connect, Inc. (“EV Connect”), a premier electric vehicle (EV) charging solution provider, on its acquisition by Schneider Electric, the leader in energy management and automation.
The current management team, along with the CEO and Founder, Jordan Ramer, will continue to lead EV Connect’s operations as a distinct subsidiary, with continued focus on customer service and the Company’s overall mission. The investment will enable EV Connect to accelerate its growth, support customers, and empower energy companies by optimizing EV charging infrastructure. Marathon Capital acted as exclusive advisor to EV Connect on the transaction.
“Marathon Capital is thrilled to have supported EV Connect throughout this process. We look forward to watching their growth trajectory accelerate under the Schneider Electric umbrella,” said Terry Grant, Vice Chairman of Marathon Capital.
“This acquisition marks the next chapter in EV Connect’s history, and it will allow us to build on our current success and scale to new heights on a global basis,” said Jordan Ramer, CEO and Co-founder of EV Connect. “Marathon Capital has been a trusted advisor throughout this process and were instrumental in closing with Schneider Electric.”