Fleetcor, a leading global payments company and parent company of Allstar Business Solutions, has acquired electric vehicle charging solutions specialist Plugsurfing for an undisclosed amount.

Fleetcor said the Plugsurfing acquisition showed its commitment to developing world-class EV solutions for its commercial fleet customers

Fleetcor said the acquisition showed its commitment to developing world-class EV solutions for its commercial fleet customers, including access to European EV roaming capabilities and software applications for drivers and fleet managers.

Founded in 2012, Plugsurfing provides vehicle OEMs, charge point operators (CPOs) and fleets with EV software and network solutions. It’s developed a proprietary EV charging network in Europe with over 300,000 charge points, or nearly 80% of the market.

The Plugsurfing app provides access to comprehensive tariff information and facilitates payment for EV charging, providing an essential tool for EV drivers that’s available directly and as a turnkey white-label solution to EV OEMs for distribution to their customers.

In addition, Plugsurfing also serves CPOs with API, cloud-based operating software that enables CPOs to run their hardware efficiently and effectively, including managing payments of charging events.

“Plugsurfing allows us to pursue new customer segments by serving CPOs with software to manage their charging infrastructure and providing OEMs with a white-label EV solution. We’re excited to have Plugsurfing join the Fleetcor family,” said Tom Rowlands, global managing director of EV at Fleetcor.

In the last decade, Plugsurfing has processed about 20 million charging sessions and has been at the forefront of consolidating and simplifying the European EV ecosystem.

“We’re thrilled to bring a boost to the electric future in Europe through our acquisition by Fleetcor. With their distribution and resources, we can scale our Plugsurfing platform to better serve existing and future customers on the EV journey that will continue to evolve over time. We’re excited about the prospects for continuing to help usher in an EV future,” commented Tatu Kulla, chief executive officer at Plugsurfing.