M&A Deal Summary

ATC Acquires Global Battery Solutions

On May 18, 2022, ATC acquired electrical equipment company Global Battery Solutions

Acquisition Highlights
  • This is ATC’s 1st transaction in the Electrical Equipment sector.
  • This is ATC’s 1st transaction in the United States.
  • This is ATC’s 1st transaction in Michigan.

M&A Deal Summary
Date 2022-05-18
Target Global Battery Solutions
Sector Electrical Equipment
Buyer(s) ATC
Deal Type Add-on Acquisition

Target

Global Battery Solutions

Holland, Michigan, United States
Global Battery Solutions provides world-class battery life-cycle management and EV component services. GBS has a full commercial electronics lab and is a leader in providing support for electronics systems and validation/repair services for automotive OEM electronic component parts. Global Battery Solutions is based in Holland, Michigan.

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Buyer(S) 1

Buyer

ATC

Oklahoma City, Oklahoma, United States
Category Company
Founded 1994
Sector Manufacturing
DESCRIPTION

ATC is a re-manufacturer of transmissions, engines, advanced battery packs, and related components for light, medium- and heavy-duty vehicles. ATC Drivetrain’s services include process and salvage engineering, warranty root cause analysis and testing, machining for repair and salvage of components, and recycling of n on-reclaimable material. ATC was founded in 1994 and is based in Oklahoma City.

DEAL STATS #
Overall 4 of 4
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Treharne

Llanelli, United Kingdom

Treharne focused on electric vehicle (“EV”) battery life cycle management, including second-life applications, recycling, and diagnostic and test equipment for powertrain systems. As the automotive industry continues to migrate beyond traditional internal combustion engines to electrified systems, ATC continues to build competencies that will support customers’ global needs in the EV and hybrid powertrain areas. Treharne is based in Llanelli, United Kingdom.

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