M&A Deal Summary

Opus Group Acquires Autologic Diagnostics

On June 16, 2017, Opus Group acquired automotive company Autologic Diagnostics from Livingbridge for 9M GBP

Acquisition Highlights
  • This is Opus Group’s 1st transaction in the Automotive sector.
  • This is Opus Group’s largest (disclosed) transaction.
  • This is Opus Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2017-06-16
Target Autologic Diagnostics
Sector Automotive
Buyer(s) Opus Group
Sellers(s) Livingbridge
Deal Type Add-on Acquisition
Deal Value 9M GBP

Target

Autologic Diagnostics

Oxford, United Kingdom
website
Autologic develops and sells sophisticated automotive diagnostic software and hardware to independent dealerships and garages. Autologic Diagnostics is based in Oxford, United Kingdom.

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Buyer(S) 1

Buyer

Opus Group

Gothenburg, Sweden

website

Category Company
Founded 1974
Sector Automotive
Revenue 2.7B EUR (2019)
DESCRIPTION

Opus Group AB is a technology-driven growth company in the vehicle inspection and intelligent vehicle support markets. The company designs and builds vehicle inspection programs; designs, builds, and operates emission testing programs; designs, develops, manufactures, and sells emission testing equipment under the ESP brand; and offers remote sensing technology that measures vehicle emissions. Opus Group was founded in 1974 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Livingbridge

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1995
PE ASSETS 1.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Livingbridge is a UK-based investment group focused on investing in and growing mid-sized companies. The Firm targets businesses seeking £5 to £100 million of capital. Prospective companies should have 'ambitious mangement', scalable business models, and potential for market leadership. Sectors of interest include technology, media, communications, consumer products/services, healthcare, and education. Livingbridge was formed in 1995 and is based in London.

DEAL STATS #
Overall 63 of 96
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 34 of 41
Country (United Kingdom) 57 of 88
Year (2017) 1 of 5
Size (of disclosed) 21 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-23 Stowe Family Law

London, United Kingdom

Stowe Family Law is a specialised family law firm, with family lawyers and divorce solicitors in 10 UK offices. Stowe Family Law was Founded in 1982, and is based in London, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-09 Symphony Ventures

London, United Kingdom

Symphony Ventures provides consulting, implementation and managed services to enterprise clients looking to automate operational processes that are manual, repetitive, complex and time consuming through RPA and Intelligent Automation solutions. RPA can yield improvements in speed, accuracy, quality and compliance while delivering significant cost savings. Employees can be freed up to focus on more dynamic, engaging work while customers can experience higher satisfaction levels through improved interactions.

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