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  5. Heetch Acquires Sweetch

M&A Deal Summary

Heetch Acquires Sweetch

On April 25, 2025, Heetch acquired electrical equipment company Sweetch

Acquisition Highlights
  • This is Heetch’s 1st transaction in the Electrical Equipment sector.
  • This is Heetch’s 1st transaction in France.

M&A Deal Summary
Date 2025-04-25
Target Sweetch
Sector Electrical Equipment
Buyer(s) Heetch
Deal Type Special Situations/Distressed

Target

Sweetch

Paris, France
Sweetch offers a electric scooter service where users drive a scooter and swap its battery at networked stations instead of traditional charging. The business is tied to battery-swap mobility solutions and battery-as-a-service concepts. Sweetch was founded in June 2019 and is based in Paris, France.

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Buyer(S) 1

Buyer

Heetch

Paris, France
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Heetch is a ride-hailing platform connecting passengers with professional drivers through its mobile app. The Company provides on-demand transportation services across several European and African cities, offering both cash and card payment options. Heetch was founded in 2013 and is based in Paris, France.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2025 M&A 1 of 1
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