M&A Deal Summary

Gemalto NV Acquires Cinterion Wireless Modules

On August 2, 2010, Gemalto NV acquired technology hardware company Cinterion Wireless Modules from EQT and Granville

Acquisition Highlights
  • This is Gemalto NV’s 1st transaction in the Technology Hardware sector.
  • This is Gemalto NV’s 2nd transaction in Germany.

M&A Deal Summary
Date 2010-08-02
Target Cinterion Wireless Modules
Sector Technology Hardware
Buyer(s) Gemalto NV
Sellers(s) EQT
Granville
Deal Type Add-on Acquisition

Target

Cinterion Wireless Modules

Munich, Germany
website
Cinterion Wireless Modules GmbH is a provider of industrial Machine-to-Machine (M2M) wireless communication modules.

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Buyer(S) 1

Buyer

Gemalto NV

Meudon, France

website

Category Company
Founded 2006
Sector Information Technology
Employees10,000
Revenue 3.0B EUR (2018)
DESCRIPTION

Gemalto NV is a provider of digital security products and services worldwide. The company designs security solutions to governments, industrial companies, and enterprises; and ePassports, border and visa management, biometrics, ID and health cards, voter and vehicle registration, drivers' licenses, and eGovernment support services. Gemalto was formed in 2006 and is based in Meudon, France.

DEAL STATS #
Overall 8 of 18
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 5 of 9
Country (Germany) 2 of 2
Year (2010) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-08 Todos AB

Gothenburg, Sweden

Todos AB is a provider of strong authentication solutions for internet banking.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-20 SensorLogic

Boston, Massachusetts, United States

SensorLogic, Inc. is a cloud-based, machine-to-machine (M2M) service delivery platform which allows customers to build, deploy and manage M2M solutions in a broad range of applications such as asset tracking, telematics and equipment monitoring and servicing.

Buy -

Seller(S) 2

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1994
PE ASSETS 50.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 38 of 175
Sector (Technology Hardware) 2 of 3
Type (Add-on Acquisition) 18 of 69
Country (Germany) 7 of 34
Year (2010) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-02 Aleris Healthcare

Stockholm, Sweden

Aleris Healthcare is a provider of specialty care, healthcare and radiology with a strong footprint across Scandinavia. The company’s specialist care operations cover hospitals, outpatient clinics, radiology and labs through more than 100 units with approximately one million radiological examinations annually. Aleris Healthcare was founded in 1996 and is based in Stockholm, Sweden.

Sell kr4.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-20 Roeser Medical KG

Bochum, Germany

Roeser Medical GmbH & Co. KG is a manufacturer-neutral distributor of medical supplies to hospitals. Roeser, with headquarters in Bochum, offers tailor-made distribution solutions, including consulting, logistics and procurement services through its two business divisions, Roeser Medical and Hospigate.

Buy -
SELLER

Granville

Hamburg, Germany

website

Category Private Equity Firm
Founded 1999
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Granville is a private equity firm dedicated to investments in Germany. Granville does not have an industry focus and looks for companies with annual revenues between € 30 and € 300 million. Target transaction situations include management buyouts/buy-ins, growth financings, successions, and spin-offs. The Firm is affiliated with investment bank and asset manager Robert W. Baird & Co and its private equity arm Baird Private Equity. Granville was formed in 1999 and is based in Hamburg.

DEAL STATS #
Overall 8 of 11
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 5 of 6
Country (Germany) 8 of 11
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-16 Balzac Coffee

Hamburg, Germany

Balzac Coffee operates of chain of coffee shops in Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 Spheros

Gilching, Germany

Spheros is engaged in the development and manufacture of air conditioning systems, heaters, coolant pumps, and other related hardware. Spheros offers tailored solutions for all passenger buses and coaches (both conventional and electric), as well as refrigerated transportation fleets. Spheros was founded in 1956 and is based in Gilching, Germany.

Sell -
Mergr

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