M&A Deal Summary

ACON Investments Acquires Rymel

On September 3, 2024, private equity firm ACON Investments acquired electrical equipment company Rymel

Acquisition Highlights
  • This is ACON Investments’ 3rd transaction in the Electrical Equipment sector.
  • This is ACON Investments’ 5th transaction in Colombia.

M&A Deal Summary
Date 2024-09-03
Target Rymel
Sector Electrical Equipment
Buyer(s) ACON Investments
Deal Type Buyout (LBO, MBO, MBI)

Target

Rymel

Medellín, Colombia
Rymel specializes in manufacturing electrical equipment, particularly transformers for electricity distribution. Rymel was founded in 2019 and is based in Medellín, Colombia.

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Buyer(S) 1

Buyer

ACON Investments

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

ACON Investments is an international private equity firm that targets investments in the US, Europe, and Latin America. ACON's investment strategy covers 'opportunities at times of change - responding at points of inflection where value creation is possible'. Examples include businesses that serve the rapidly growing US Hispanic population, energy and energy service needs, businesses in need of operational help, and opportunities in Latin America resulting from economic deregulation and political liberalization. ACON's looks for companies where it can commit $20 to $150 million of equity capital. Target sectors include consumer products and services, distribution, business services and industrial manufacturing. ACON Investments was formed in 1996 and has offices in Washington DC; Houston, Texas; Los Angeles, California; and Madrid, Spain.

DEAL STATS #
Overall 70 of 71
Sector (Electrical Equipment) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 22 of 22
Country (Colombia) 5 of 5
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-17 Contenur

Getafe, Spain

Contenur engages in the design, engineering and marketing of containers to the waste collection industry. The company provides all kinds of maintenance services to urban furnishing, ranging from container recycling to playground maintenance. Contenur was founded in 1985 and is based in Getafe (Madrid) and with international presence in Latam (Brazil, Colombia and Peru), Asia (Singapore) and Middle East, the company also has commercial teams and branches in the United Kingdom, France, Germany, Italy, Portugal, the Czech Republic, Poland and Morocco, as well as two manufacturing plants in Spain and Poland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-05 ProEnergy Services

Sedalia, Montana, United States

ProEnergy Services is an integrated service provider that delivers cost-effective, safe, and reliable services to the global energy industry. ProEnergy Services was founded in 2002 and is based in Sedalia, Missouri.

Sell -
Mergr

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