Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments, announced a strategic partnership with EVBox. KSP is a newly formed group created to evaluate growth opportunities and investments in companies working in “new economy” areas. KSP aims to be the preferred partner beyond capital investment by leveraging the resources and capabilities of Koch Industries – not only creating new platforms for Koch but also accelerating growth for companies in which it invests.
As part of the partnership, KSP will help EVBox continue to scale its operations across North America. KSP and EVBox will explore opportunities to leverage the power of Koch companies’ leading market positions to accelerate the growth of EVBox in the United States and around the world. The two companies will look to collaborate on matters ranging from software and hardware technology integration, project management, operations excellence, and domestic sales and marketing.
Additionally, the companies will evaluate charging station installations at various Koch corporate locations around the world.
The strategic relationship with EVBox represents a broader developing relationship between Koch Investments and TPG Pace. Koch Investments also participated in the recent TPG Pace transaction with Nerdy.