London-based private equity firm, Kingsley Capital Partners (‘Kingsley’), today announces that it has established Zapgo Charging Limited (‘Zapgo’), a rapid EV charging business.

Zapgo has been established with the vision to become a leading provider of rapid EV charging provision in the UK. With a clear destination charging strategy that will benefit UK EV owners and venue owners alike, ZapGo will work with local authorities, businesses and land owners to roll out a Rapid (50-99KW) and High Power Charger (>100KW) network targeting medium-to-high traffic areas across the UK.

Kingsley will work closely with Zapgo’s management team to grow the business, hire further talent, and develop a strategy to fuel the next stage of the business’s growth.

Jakub Swieboda, Principal at Kingsley, said: “Demand for EV charging is only forecast to grow, especially noting the future UK ban on sales of Internal Combustion Engine vehicles. We are very excited to have established Zapgo”.