M&A Deal Summary |
|
|---|---|
| Date | 2022-01-06 |
| Target | Solero Technologies |
| Sector | Automotive |
| Buyer(s) | Atar Capital |
| Sellers(s) | BorgWarner |
| Deal Type | Divestiture |
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Atar Capital is a private investment firm focused on complex acquisitions and turnarounds. The Firm has a special interest in non-core or non-strategic divestures of public companies. Atar seeks opportunities with $50 million to $1.5 billion of revenue and up to $25 million of EBITDA. Targeted sectors include automotive, manufacturing, distribution, industrials, business services, media/entertainment, technology, consumer products, food/beverages, healthcare, aerospace/defense, and transportation. Atar Capital was established in 2016 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 7 of 7 |
| State (Mississippi) | 1 of 1 |
| Country (United States) | 8 of 8 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-31 |
Metco Landscape
Aurora, Colorado, United States Metco Landscape is a provider of landscaping installation and maintenance services. Metco’s services include commercial landscape, homebuilder services, maintenance, and custom design and installation. Metco Landscape was formed in 1987 and is based in Aurora, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-22 |
Microcel
Newmarket, Ontario, Canada Microcel is a distributor of technology products from wearables, portable audio, computer and telephony accessories, to smart home and outdoor tech solutions. Microcel was founded in 1989 and is based in Newmarket, Ontario. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Automotive |
| Employees | 39,900 |
| Revenue | 14.2B USD (2023) |
BorgWarner is a global supplier of highly engineered automotive systems and components primarily for powertrain applications. The Company's products help improve vehicle performance, fuel efficiency, stability and air quality. These products are manufactured and sold worldwide, primarily to original equipment manufacturers of light vehicles, vans and light trucks. The Company's products are also sold to other OEMs of commercial vehicles and off-highway vehicles. BorgWarner also manufactures and sells its products to certain Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an original equipment supplier to every major automotive OEM in the world. BorgWarner was founded in 1987 and is based in Auburn Hills, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Automotive) | 6 of 6 |
| Type (Divestiture) | 7 of 7 |
| State (Mississippi) | 1 of 1 |
| Country (United States) | 5 of 5 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-23 |
Enexor BioEnergy
Franklin, Tennessee, United States Enexor BioEnergy provides on-site, renewable energy and carbon conversion solutions to help solve the world’s organic waste and plastic waste problems. Enexor BioEnergy is based in Franklin, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-04 |
Santroll - eMotor business
Tianjin, China Santroll's eMotor business strengthens BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market. Santroll's eMotor business is based in Tianjin, China. |
Buy | - |
