M&A Deal Summary

AAC Clyde Space Acquires Clyde Space

On December 21, 2017, AAC Clyde Space acquired electrical equipment company Clyde Space from Nevis Capital

Acquisition Highlights
  • This is AAC Clyde Space’s 1st transaction in the Electrical Equipment sector.
  • This is AAC Clyde Space’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-12-21
Target Clyde Space
Sector Electrical Equipment
Buyer(s) AAC Clyde Space
Sellers(s) Nevis Capital
Deal Type Add-on Acquisition

Target

Clyde Space

Glasgow, United Kingdom
Clyde Space is a supplier of small and micro spacecraft systems specialising in high performance power subsystems, DC-DC converters, Lithium Polymer batteries and high efficiency solar panels. Clyde Space was founded in 2005 and is based in Glasgow, United Kingdom.

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Buyer(S) 1

Buyer

AAC Clyde Space

Uppsala, Sweden

Category Company
Founded 2005
Sector Technology Hardware
Employees214
Revenue 353M SEK (2024)
DESCRIPTION

AAC Clyde Space manufactures and sells miniaturized and advanced subsystems and components for cube and small satellites in the United Kingdom, the rest of Europe, the United States, Asia, and internationally. The company offers command and data handling, batteries, electrical power systems, laser and radio communications systems, solar arrays, lightweight structure solutions, payload solutions, attitude determination and control systems, propulsion systems, and smallsat technologies. AAC Clyde Space was founded in 2005 and is based in Uppsala, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Nevis Capital

Glasgow, United Kingdom

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Nevis Capital LLP is a generalist private equity firm focused on acquiring businesses throughout the UK. The Firms looks to invest £10m per transaction and generally targets growth companies with strong management in place. Specific areas of interest include manufacturing, energy, engineering and industrial services. Types of transactions include MBOs, MBIs and growth capital financing. Nevis Capital LLP was formerly known as Lomond Capital LLP. The FIrm was formed in 2007 and is based in Milngavie, Scotland.


DEAL STATS #
Overall 3 of 4
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: United Kingdom M&A 3 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-01 Merkland

Glasgow, United Kingdom

Merkland provides a range of engineering services associated with tanks and vessels. Typical works include tank cleaning, inspection, installation and decommissioning. Its specialisms include Ministry of Defence contracts, refineries, distilleries, waste water treatment works, water and utility industries, and the oil and gas industry. Merkland was founded in 1880 and is based in Glasgow, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Hardie Polymers

Glasgow, United Kingdom

Hardie Polymers is a distributor of engineering polymers. Hardie Polymers supplies vital plastic raw materials to key manufacturing industries for the automotive, aerospace, medical and defence sectors. Hardie Polymers was founded in 1924 and is based in Glasgow, United Kingdom.

Buy -