Nikola Mergers & Acquisitions

Nikola M&A Summary

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

Nikola’s largest acquisition to date was in 2022, when it acquired Romeo Power for $144M. Nikola has acquired in 1 US state. The Company’s most targeted sectors include automotive (100%).

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Nikola

Nikola Corp.

4141 E. Broadway Road,
Phoenix, Arizona 85040
United States,
(480) 666-1038
www.nikolamotor.com

All (1) Buy (1) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2022-08-01 Romeo Power · Automotive
Vernon, California · www.romeopower.com

Romeo Power is an energy technology company delivering advanced electrification solutions for complex commercial vehicle applications. Romeo Power’s suite of advanced battery electric products, combined with its innovative battery management system, delivers the safety, performance, reliability, and reconfigurability its customers need to succeed. Romeo Power was founded in 2016 and is based in Vernon, California.

Advisors: Latham & Watkins , Morgan Stanley
144 Add-on Acquisition

Nikola
Advisors: Citi , Pillsbury Winthrop Shaw Pittman

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