M&A Deal Summary

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. Acquires Arvento

On December 15, 2021, Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. acquired information services company Arvento from Investcorp for 290M TRY

Acquisition Highlights
  • This is Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.’s 1st transaction in the Information Services sector.
  • This is Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.’s 2nd largest (disclosed) transaction.
  • This is Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.’s 2nd transaction in Turkey.

M&A Deal Summary

Date 2021-12-15
Target Arvento
Sector Information Services
Buyer(s) Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.
Sellers(s) Investcorp
Deal Type Add-on Acquisition
Deal Value 290M TRY

Target

Arvento

Ankara, Turkey
Arvento is a provider of telematics solutions, which provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage and other insights into their mobile workforce, enabling them to reduce their operating costs and increase their revenues. Arvento was founded in 2005 and is based in Ankara, Turkey.

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Buyer(S) 1

Buyer

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.

Izmit,, Turkey

Category Company
Founded 1988
Sector Automotive
Employees1,818
DESCRIPTION

Brisa Bridgestone the tire manufacturer in Turkey and the sixth biggest tire producer in Europe . Brisa has an internationally recognized record of achievements in Total Quality Management - TQM , targeting total customer satisfaction, and continues to build its future on business excellence.


DEAL STATS #
Overall 2 of 2
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Turkey M&A 2 of 2
Year: 2021 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-04 Aksaray Province Organized Industrial Zone

Turkey

Aksaray Province Organized Industrial Zone is located at approximately 500 kilometers southeast of Istanbu and approximately 500 kilometers southeast of Istanbu. The plant can produce Approximately 13,000 tires per day.

Buy ¥28.0B

Seller(S) 1

SELLER

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 103 of 111
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 45 of 49
Country: Turkey M&A 1 of 1
Year: 2021 M&A 7 of 7
Size (of disclosed) 38 of 45
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Arrowhead Engineered Products

Circle Pines, Minnesota, United States

Arrowhead Engineered Products is a specialty supplier and distributor of aftermarket replacement parts for a wide variety of equipment types across the outdoor power equipment, Powersports, agricultural, industrial and automotive industries. Arrowhead Engineered Products was founded in 1986 and is based in Circle Pines, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 RESA Power

Houston, Texas, United States

RESA Power provides mission-critical electrical system services and products for industrial, commercial, institutional, government, and utility end-users across North America. It provides quick turn-around custom manufactured or retrofit switchgear & breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. RESA Power was founded in 1928 and is based in Houston, Texas.

Buy -