Hyliion - M&A Summary and Business Overview

Business ServicesCompany

Hyliion M&A Summary

Hyliion has acquired 1 company, including 1 in the last 5 years.

Hyliion’s largest acquisition to date was in 2022, when it acquired GE Additive - KARNO for $37M. Hyliion has acquired in 1 US state. The Company’s most targeted sectors include machinery (100%).

Hyliion Business Overview

Where is Hyliion headquartered?

Hyliion is headquartered in Cedar Park, Texas.

What is Hyliion’s revenue?

Hyliion disclosed revenue of 1M USD for 2023 and 2M USD for 2022.

How many employees does Hyliion have?

Hyliion has 85 employees.

What sector is Hyliion in?

Hyliion is a business services company.

When was Hyliion founded?

Hyliion was founded in 2015.

M&A Summary

M&A Total Activity1
- M&A Buy Activity1
Total Sectors Invested 1
Total Countries Invested 1
M&A Buy/Sell Connections 1

Hyliion

Hyliion, Inc.

1202 BMC Dr.,
Cedar Park, Texas 78613
United States,
(833) 495-4466
www.hyliion.com

Hyliion is focused on reducing the carbon intensity and greenhouse gas (GHG) emissions of Class 8 commercial trucks by providing electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, the company offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. It designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. Hyliion was formed in 2015 and is based in Cedar Park, Texas.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.2/yr)	#	-	-	-	1	-	-	1
Buy (0.2/yr)	vol				$37M			$37M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								1

Most Recent M&A

Company	Date	Value	Type
GE Additive - KARNO	2022-08-25	37M USD	Divestiture
Fairfield, Connecticut
View All >>

M&A by Sector

Sector		Buy #	Value	Sell #	Value
Machinery		1 (100%)	37M (100%)	-	-
Total		1	$37M	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		1	37M	-	-
	Connecticut	1	37M	-	-
Total		1	$37M	-	-

Deal Values

buy	#	Total
< $100M	1	$37M
TOTAL		$37M
Largest	GE Additive - KARNO $37M (2022-08-25)

M&A Connections

		Deals
Acquired from
Strategic(s)	100%	1 (100%)

Company Summary

SECTOR

Business Services

Revenue

1 50%	2023
2	2022
(millions of USD)

Employees

Established

2015

Public

NYSE: HYLN

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Hyliion - M&A Summary and Business Overview

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