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Electrical Vehicles Company Equity Stake For Sale in Nairobi, Kenya

Electric mobility and fleet management platform seeking investment for regional expansion and scale-up.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 2.5 million
Run Rate Sales USD 1.8 million
EBITDA Margin 10 - 20 %
Industries Electrical Vehicles
Locations  Nairobi
Local Time 3:06 PM Africa / Nairobi
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 26 million for 60.0% stake (Native Currency: USD 25,800,000)
Reason: The owners are looking to raise a series A, and the main aim is to get a partner who can handle end-... View More
Includes physical assets worth USD 35 million
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Business Overview
• Electric mobility and fleet management company operating across Kenya, Rwanda, Burundi, and the Democratic Republic of Congo.
• Provides electric bikes and electric trucks through direct sales and financing-partner-supported acquisition models.
• Offers subscription-based fleet management solutions including analytics, maintenance support, vehicle monitoring, and uptime guarantees.
• Generates revenue through vehicle sales, fleet management subscriptions, logistics and delivery services, training programs, battery services, spare parts sales, and digital merchant integration.
• Delivers logistics and last-mile delivery solutions for SMEs, merchants, and commercial platforms across underserved markets.
• Provides professional rider, technician, and vendor training programs to improve safety, service quality, and operational efficiency.
• Operates an integrated ecosystem combining electric vehicles, fleet technology, maintenance, training, financing access, and merchant onboarding.
• Supports battery swapping, charging services, accessories, and spare parts distribution to improve vehicle uptime and affordability.
• Offers WhatsApp-enabled digital storefront integration, allowing merchants and vendors to access delivery and mobility services more efficiently.
• Addresses a large market opportunity driven by millions of informal vendors lacking reliable and affordable delivery infrastructure and widespread shortages of professionally trained riders. The business is currently focused on product development and has seen a drop in its sales.
• Utilizes an asset-light growth strategy supported by off-balance-sheet financing partnerships, enabling rapid fleet deployment while minimizing capital-intensive ownership risks.
• Benefits from IoT-enabled fleet management capabilities, creating operational visibility and performance tracking across deployed vehicles.
• Positioned at the intersection of electric mobility, logistics, financial inclusion, and workforce development.
• Business model aligns with sustainability, youth employment, women empowerment, climate-positive transportation, and SME growth initiatives.
• Differentiates itself through a full-service ecosystem approach rather than focusing solely on vehicle manufacturing or distribution.
The business holds a certificate of incorporation.
Products & Services Overview
The business provides electric bikes, electric trucks, fleet management solutions, logistics services, battery services, training programs, and digital merchant integration. Its primary clients include SMEs, delivery operators, merchants, logistics businesses, informal vendors, fleet operators, and financing partners across East and Central Africa.
Assets Overview
The tangible assets include:
Electric Motor Bikes.
Electric Trucks.
Electric Motor Cycles.
Facilities Overview
The business operates from a 2,500 sqft rented facility on a single floor.
Capitalization Overview
Funding: Currently funded by SPV investments from Seed Round 1 (USD 5M deployed).
Raising Series A: USD 10M.
Shareholders/Ownership: Two Sharesholders Capital with a minority stake.
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5 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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