M&A Deal Summary |
|
|---|---|
| Date | 2023-11-01 |
| Target | Routejade |
| Sector | Electrical Equipment |
| Buyer(s) | Enovix |
| Sellers(s) | ACE Equity Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Electrical Equipment |
| Employees | 335 |
| Revenue | 6M USD (2022) |
Enovix is an advanced silicon battery company that is engaged in the IoT, mobile and computing devices battery. Enovix was founded in 2007 and is based in Fremont, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| Country (South Korea) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2017 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
ACE Equity Partners is a private equity firm focused on buyout and growth capital investments in industrial technology and advanced manufacturing companies.The Firm seeks control positions in partnership with founders as well as corporate carve-out situations. Specific areas of interest include business services, electrical equipment, technology hardware, IT, semiconductors, and software. ACE Equity Partners was established in 2017 and is based in Seoul, South Korea.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| Country (South Korea) | 1 of 1 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-30 |
CloudLight
Hong Kong, China CloudLight designs, markets, and manufactures advanced optical modules for datacenter interconnect and optical sensor for automotive applications. CloudLight was founded in 2018 and is based in Hong Kong, China. |
Sell | $750M |
