About the transaction
BIL Corporate Finance is pleased to announce the successful closing of a € 16 million financing for bk Group AG and its subsidiary bk World Holding GmbH.
The structured financing will support the company’s growth strategy to construct, install and maintain climate-positive lounges localized at electric charging parks in Europe, with a strong focus on Germany.
About bk Group
Founded in 1999, bk Group has made a name for itself on global level as a general contractor for turnkey interior construction as well as all-in carefree maintenance of properties like retail stores. As market leader, bk Group has successfully completed more than 10,000 projects.
Since 2021 bk World is revoluzionizing electric car charging experience with its climate-positive and fully automatic modular lounge systems for the clients of electric charging parcs throughout Europe. The lounges offer charging park customers a location where they can spend the waiting time in a pleasant place with sanitary services or drinks and snacks, especially in areas where no other infrastructure is available. In addition to the lounge concept for loading parks, the bk World Qubes also serve for many other business premises that need to be flexible.
About BIL Corporate Finance
BIL Corporate Finance provides a unique offer combining financial advisory and lending services, to entrepreneurs, corporates and asset managers throughout Europe to support their strategic transactions.
The pan-european team of Corporate Finance experts delivers tailor-made solutions across the capital structure (senior-junior debt, quasi-equity, equity). The team members bring a wealth of experience in various projects, sectors and geographies, covering the Benelux, Switzerland, France, Germany and Greater China.
Quote bk Group
Gerold Wolfarth (Founder) says: “I am very happy and grateful to have with BIL a strong international partner at our side, who shares the same demand for technology and progress to transform the mobility in the world.”
Quote BIL Corporate Finance
Tobias Beck, Kay Backes & Peter Schleich (BIL Corporate Finance) say: "We are delighted to support bk Group with this strategic financing and to be part of the the group’s ambition for growth and profitability. We wanted to support bk Group’s effort to improve the electric car driver’s waiting experience during charging, thereby improving the attractiveness of the charging infrastructure and supporting the energy transition towards a more sustainable mobility sector across Europe, here mainly in Germany.”
We believe this financing once again demonstrates our ability to structure complex & tailor made cross border solutions for our international client base.”
