Transom Capital Group has acquired a major stake in Webasto Charging Solutions, a leading provider of electric vehicle charging products, marking its entry into the rapidly growing EV market.

Target Information

Transom Capital Group is acquiring Webasto Charging Solutions, Inc., a division of Webasto Group, which is recognized as one of the top 100 automotive suppliers globally. Webasto Charging Solutions specializes in providing innovative electric vehicle (EV) charging products and services, positioning itself as a leader within the rapidly growing EV market. The acquisition will result in Transom holding a major stake in the company, while Webasto will retain a minority share, allowing both parties to continue their collaborative efforts.

The acquisition aligns with the increasing demand for EV infrastructure as the automotive industry shifts towards electrification. Under the guidance of Transom, Webasto Charging Solutions is expected to leverage its existing expertise and market presence to further accelerate its growth trajectory.

Industry Overview

The electric vehicle market has been experiencing exponential growth globally, and this trend is particularly pronounced in the United States. The demand for EVs has been driven by a combination of consumer