M&A Deal Summary

Ara Partners and Janom Acquire Wattstor

On February 6, 2023, asset manager Ara Partners and private equity firm Janom acquired renewable energy company Wattstor from Janom

Acquisition Highlights
  • This is Ara Partners’ 3rd and Janom’s 1st transaction in the Renewable Energy sector.
  • This is Ara Partners’ 5th and Janom’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-02-06
Target Wattstor
Sector Renewable Energy
Buyer(s) Ara Partners
Janom
Sellers(s) Janom
Deal Type Secondary Buyout

Target

Wattstor

London, United Kingdom
Wattstor is a provider of automated carbon reduction and electricity cost-saving technology for small and medium-sized enterprises (SMEs) and mid-market industrial and commercial (I&C) end users. The company developed its first Energy Management System (EMS) for residential sites. Wattstor was founded in 2013 and is based in London, United Kingdom.

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Buyer(S) 2

Buyer
DESCRIPTION

Ara Partners Group is an alternative asset manager focused on control investments in the industrial, chemicals, materials, and energy sectors. The Firm looks to invest in and build companies that will benefit from the transition to sustainable energy. Ara Partners Group was formed in 2017 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 21 of 27
Sector: Renewable Energy M&A 3 of 3
Type: Secondary Buyout M&A Deals 2 of 4
Country: United Kingdom M&A 5 of 7
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-15 Lincoln

Greenville, South Carolina, United States

Lincoln is a provider of terminal services with an entrenched position in the Southeast and Mid-Atlantic regions. The company provides throughput and storage solutions for renewable fuels. Its trans-loading facilities are located across four states and are uniquely focused on reducing carbon emissions through automation, and driver and transportation efficiency. Lincoln was formed in 1979 and is based in Greenville, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-10 Vacuumschmelze

Hanau, Germany

Vacuumschmelze is a producer of advanced magnetic solutions, rare earth permanent magnets, and inductive components. Vacuumschmelze was founded in 1923 and is based in Hanau, Germany.

Buy -
Buyer
DESCRIPTION

Janom is a private equity firm focused on developing and investing in renewable energy projects and other sustainable ventures. Specific areas of interest are wind farms or photovoltaic plants in the development stage. Janom generally commits €500k to €4 million to support companies with strong leadership and proven business models. Janom was established in 2008 and is headquartered in Bratislava, Slovakia.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Janom is a private equity firm focused on developing and investing in renewable energy projects and other sustainable ventures. Specific areas of interest are wind farms or photovoltaic plants in the development stage. Janom generally commits €500k to €4 million to support companies with strong leadership and proven business models. Janom was established in 2008 and is headquartered in Bratislava, Slovakia.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1