M&A Deal Summary |
|
|---|---|
| Date | 2016-11-08 |
| Target | Grohmann Engineering |
| Sector | Machinery |
| Buyer(s) | Tesla |
| Sellers(s) | Deutsche Beteiligungs |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Harris Williams & Co. (Financial) |
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| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Automotive |
| Employees | 140,473 |
| Revenue | 96.8B USD (2023) |
Tesla designs, manufactures and sells electric cars, batteries, and solar related equipment and systems to consumers, businesses, and municipalities. Tesla was formed in 2003 and is based in Palo Alto, California.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Machinery) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 6 |
| Country (Germany) | 1 of 1 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-01 |
SolarCity
San Mateo, California, United States SolarCity is a provider of clean energy solutions. The Company delivers renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity was formed in 2006 and is based in San Mateo, California. |
Buy | $2.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-06 |
Perbix
Golden Valley, Minnesota, United States Perbix is a provider of automated machines used for manufacturing. Perbix was established in 2001 and is based in Golden Valley, Minnesota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1965 |
| PE ASSETS | 2.0B EUR |
| Size | Large |
| Type | Sector Agnostic |
Deutsche Beteiligungs is a publicly-traded German mid-market private equity firm focused primarily on management buyout transactions. The firm pursues companies with skilled management, strong market positions, positive earnings, and the potential to build additional value. Prospective companies typically generate annual sales of €50 to €500 million. The Firm's target transaction size ranges from €50 to €250 million. Sectors of interest include automotive supplies, fine chemicals, industrial services, logistics, machine/plant construction, and measuring/automation technology. Deutsche Beteiligungs was established in 1965 and became publicly-listed in 1985. The Firm is based in Frankfurt.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 39 |
| Sector (Machinery) | 4 of 9 |
| Type (Add-on Acquisition) | 8 of 16 |
| Country (Germany) | 9 of 32 |
| Year (2016) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-08 |
Grohmann
Pruem, Germany Grohmann Engineering GmbH develops, produces and markets complex automated production lines and plants. The company delivers a complete range of services from the development and production to the maintenance of production systems. Its focus is on the automotive, electronics, semi-conductor and pharmaceutical industries. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-09 |
Braun Connectivity Solutions
Bayreuth, Germany Braun Connectivity Solutions is a specialist in cable systems and interior vehicle lighting. The company’s products connect a vehicle’s various sub-systems with its wire harness. Braun Connectivity Solutions was founded in 1993 and is based in Bayreuth, Germany. |
Buy | - |
