GreenFlux commercial due diligence
Energy transition Due diligence Customer & market insight EV charging research
DKV Mobility Services, part of the Dr. Fischer Group, engaged LCP Delta to support their acquisition of GreenFlux, a leading eMobility platform provider. With a growing presence in the eMobility sector, the client sought a rigorous, independent review of the target’s market position, commercial fundamentals, and growth trajectory.
Client needs and key question(s)
The client required a robust, data-driven commercial due diligence process to inform its investment decision. Key questions included:
- How credible are the assumptions and forecasts in the target’s business plan?
- How well is the company positioned within the competitive EV charging landscape?
- What market, regulatory, and operational dynamics could affect the target’s growth outlook?
What we did
LCP Delta delivered an end-to-end commercial due diligence process anchored in our proprietary EV charging market intelligence. Our approach included:
- Business plan analysis: Reviewed the Information Memorandum (IM) and validated key assumptions around revenue growth, margins, and market entry.
- Competitive benchmarking: Assessed the target’s technical and commercial capabilities versus peer players across Europe.
- Market positioning: Analysed current and projected market conditions, regulatory tailwinds, and customer demand trends shaping future growth.
Throughout the process, we worked closely with the client’s investment team to challenge assumptions and ensure all strategic angles were explored.
The results
LCP Delta’s insights gave DKV Mobility Services:
- A clear view of the target’s strengths, weaknesses, and future potential.
- Greater confidence in the viability of the acquisition, with key risks clearly articulated.
- An evidence-based foundation to proceed with the £30 million transaction.
The diligence played a critical role in informing DKV’s successful acquisition of GreenFlux.
Thank you to LCP Delta for this excellent work. The fact that there were so few questions during this final presentation meeting demonstrates that you have answered all our questions really well and in-depth within the report itself. We can see all the hard work that has gone on in coming to LCP Delta’s view.
DKV Mobility Services, part of the Dr. Fischer Group
