Freshfields advises General Atlantic’s BeyondNetZero on the acquisition of a minority stake in ABB E-mobility
Freshfields Bruckhaus Deringer (‘Freshfields’) advised BeyondNetZero, the climate fund of global growth equity firm General Atlantic, on a minority investment in ABB E-mobility, a global leader in EV charging solutions.
General Atlantic invested as part of ABB E-mobility’s second pre-IPO private placement of newly issued shares, alongside three other minority investors, raising a total, collectively, of CHF325 million in exchange for a combined stake of approximately 12% in the company.
The Freshfields’ team advising General Atlantic was led by financial sponsors partner Victoria Sigeti, senior associate Maria Ledeneva and associates Emily Gidda and Chelsea Burns. They were supported by a team including partners May Smith, Richard Lister, Paul van den Berg and Jenn Mellott. Swiss law advice was provided by Niederer Kraft Frey.