Equity financing for NOWOS by Shift4Good

Transaction
A notable transaction in the field of lithium-ion battery repair en reuse services: Shift4Good provided growth capital to NOWOS. Thanks to this investment, NOWOS can continue its growth trajectory and expand its repair and reuse services in Europe and into other markets like automated guided vehicles (AGVs), energy storage systems (ESS), robotics and medical equipment. Rembrandt M&A advised the seller in raising the growth capital.

NOWOS
Since 2019, NOWOS has been a leading social enterprise specializing in the repair and second-life solutions for lithium-ion batteries. NOWOS plays a role in accelerating the global transition to a circular economy and thereby supports the European Green Deal. In addition, NOWOS helps its customers reduce waste, lower costs and minimize their environmental footprint.

More information is available at: NOWOS.

Shift4Good
Shift4Good is a French impact fund focused on decarbonizing the transport sector. Alongside lead investor Shift4Good, Fair Capital Impact Fund and Goeie Grutten Impact Fonds acted as co-investors.

More information is available at: Shift4Good.