Publications
Publications
- November 2023 (Revised April 2024)
- HBS Case Collection
Wallbox
By: Álvaro Rodríguez Arregui and Max Hancock
Abstract
Enric Asunción co-founded Wallbox, a private EV charger company, in Spain in 2015. As CEO, Asunción transformed the company from a small start-up, focused on the European market, to a multimillion dollar enterprise with offices on three continents. In 2021, a private equity firm offered to buy a share of the company in exchange for €300 million. Asunción was tempted, but to grow Wallbox, he was unsure whether he was better off accepting the offer, taking the company public, or maintaining control over the company and raising a Series B.
Keywords
Technology Adoption; Going Public; Acquisition; Business Exit or Shutdown; Spain; United States; United Kingdom
Citation
Rodríguez Arregui, Álvaro, and Max Hancock. "Wallbox." Harvard Business School Case 824-035, November 2023. (Revised April 2024.)