NEW YORK, March 19, 2026 (GLOBE NEWSWIRE) — GDEV Control, LLC (“GDEV”), a number one middle-market specialist in disbursed power sources, these days introduced the sale of business EV fleet full-service supplier Revolv to Zenobē. Sponsored via main world funding companies KKR and Infracapital, Zenobē makes a speciality of fleet electrification and battery garage answers. Revolv’s industrial EV fleet belongings marks Zenobē’s access into the North American industrial fleet and truck section, including to its rising portfolio of pupil transportation and public transit fleets in the USA.
Revolv’s turnkey fleet electrification resolution introduced a completely new providing to the economic fleet marketplace, effectively deploying to 13 buyer websites within the face of endured marketplace uncertainty. Revolv proved considerable resiliency as a industry and in its unit economics, culminating within the transaction with Zenobē. Along with present buyer websites and vehicles, Zenobē is obtaining further initiatives in building to make stronger its North American development.
“We applaud Zenobē’s shared confidence in the inevitability of commercial fleet electrification, and this transaction validates the platform we built to serve the market at scale,” stated Scott Davidson, CEO and founding father of Revolv. “I’m incredibly proud of our team and grateful to the customers and investors who helped create one of the largest U.S. commercial EV platforms. As the market enters its next phase, this transaction provides the scale, capital, and capabilities customers need to fully embrace commercial EVs.”
GDEV just lately closed its $200MM Fund II, which represented a endured center of attention at the company’s technique of establishing and scaling disbursed power useful resource (DER) platforms into mature infrastructure companies that, in flip, deploy and function long-term, high-value belongings. The purchase of Revolv via Zenobē represents the primary corporate go out from the second one fund, permitting the corporate to deal with its development and supply returns to GDEV.
“Revolv marked GDEV’s first investment in the e-mobility space, and we are happy to see our conviction in the market play out through the completion of this acquisition, which also represents the first realization for our second fund,” stated Quinn Pasloske, Managing Director of GDEV Control. “The Revolv team effectively created an entirely new market product by offering turnkey fleet electrification solutions. GDEV is glad to have found a partner in Zenobē that shares its conviction in the thesis and will continue to scale the platform.”
Revolv and GDEV Control have been represented via Troutman Pepper Locke LLP, and Zenobē used to be represented via Dentons US LLP, in reference to the transaction.
About GDEV Control, LLCGDEV Control, LLC is a middle-market infrastructure non-public fairness industry that invests in high-growth sustainable infrastructure corporations throughout sectors together with renewable power, power potency, grid infrastructure, delivery and sustainable fuels. GDEV Control, LLC is affiliated with Greenbacker Capital Control, LLC, an SEC-registered funding adviser.
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