Investment Banking
Weil
Full Credential Description
Smart Share Global Limited, operating as Energy Monster, faced the challenge of transitioning from a publicly traded company to a private entity. This strategic move was necessitated by the need to streamline operations and enhance shareholder value amidst a complex regulatory environment for China-based companies listed in the U.S. The acquisition, valued at approximately US$327 million, marked a significant milestone as it was the first announced U.S. going-private transaction of a China-based company since 2024. The tailored solution involved a consortium led by the ChairmanCEO and senior management of Energy Monster, alongside Trustar Capital. The Weil team, comprising experienced MA and Private Equity partners, facilitated the transaction, which was signed on August 1, 2025, and is anticipated to close in the fourth quarter of 2025, pending customary closing . Energy Monster, a leader in consumer technology, operates an extensive network of mobile device charging through shared power banks, boasting 9.6 million units across over 2,200 counties and county-level districts in China as of December 31, 2024. The successful execution of this acquisition is expected to provide Energy Monster with greater operational flexibility and the ability to focus on long-term growth strategies without the pressures of public market scrutiny.