M&A Deal Summary

AAC Technologies Holdings Acquires Premium Sound Solutions

On August 11, 2023, AAC Technologies Holdings acquired automotive company Premium Sound Solutions from VE Partners

Acquisition Highlights
  • This is AAC Technologies Holdings’ 1st transaction in the Automotive sector.
  • This is AAC Technologies Holdings’ 1st transaction in Belgium.

M&A Deal Summary

Date 2023-08-11
Target Premium Sound Solutions
Sector Automotive
Buyer(s) AAC Technologies Holdings
Sellers(s) VE Partners
Deal Type Add-on Acquisition

Target

Premium Sound Solutions

Dendermonde, Belgium
Premium Sound Solutions is active worldwide in the development, sales, and production of sound solutions for the automotive industry and top-end consumer market (from speaker to complete finished products). Premium Sound Solutions is based in Dendermonde, Belgium.

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Buyer(S) 1

Buyer

AAC Technologies Holdings

Shenzhen, China

Category Company
Founded 1993
Sector Information Technology
Employees44,181
Revenue 27.3B CNY (2024)
DESCRIPTION

AAC Technologies Holdings is a supplier of micro component total solutions for communications, IT, and consumer electronics market. AAC Technologies Holdings was founded in 1993 and is based in Shenzhen, China.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 WiSpry

Irvine, California, United States

WiSpry, Inc. is a fabless RF semiconductor company that develops RF silicon integrated circuits and components for wireless communication products.

Buy -

Seller(S) 1

SELLER

VE Partners

Amsterdam, Netherlands

Investor Investor Investor Investor Investor


Category Distressed Investor
Founded 1999
PE ASSETS 200M EUR
Size Small
Type Sector Focused
DESCRIPTION

VE Partners is an independent private equity firm focused on opportunities across Western Europe. VE Partners is a generalist investor and targets medium-sized companies with €25 to €300 million in revenue. The Firm looks to commit €5 to €30 million per transaction and will consider a variety of investment situations including management buyouts, carve-outs, and turnarounds. VE Partners formed in 1999 and is based in Amsterdam.


DEAL STATS #
Overall 5 of 8
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Belgium M&A 2 of 2
Year: 2023 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-22 Upforce

Venlo, Netherlands

Upforce is an employment agency that focuses on connecting talented professionals with great career opportunities at leading companies. With our expertise in personnel placement, we strive to make the perfect match between employers and candidates, with the aim of stimulating growth and success for both parties. Upforce is based in Venlo, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Satelliet

Breda, Netherlands

Satelliet designs, development, production and distribution of indoor and outdoor furniture, predominantly for the hospitality market (restaurants, cafes and hotels), but also for offices, educational and healthcare institutions, retail, leisure and marine industries. Satelliet provides high quality chairs, tables and couches through its regular satelliet collection and offers uniquely designed pieces, in cooperation with international designers, through its exclusive brand Satelliet Originals. Satelliet was founded in 1971 and is based in Breda, Netherlands.

Buy -