1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Japan >
  5. CarUX Acquires Pioneer

M&A Deal Summary

CarUX Acquires Pioneer

On June 26, 2025, CarUX acquired technology hardware company Pioneer from EQT Private Capital Asia for 1.1B USD

Acquisition Highlights
  • This is CarUX’s 1st transaction in the Technology Hardware sector.
  • This is CarUX’s largest (disclosed) transaction.
  • This is CarUX’s 1st transaction in Japan.

M&A Deal Summary
Date 2025-06-26
Target Pioneer
Sector Technology Hardware
Buyer(s) CarUX
Sellers(s) EQT Private Capital Asia
Deal Type Add-on Acquisition
Deal Value 1.1B USD

Target

Pioneer

Tokyo , Japan
Pioneer is a global manufacturer based on its core car electronics business. In addition to the development of advanced technologies such as 3D-LiDAR sensors and an HD map for autonomous driving, Pioneer is working to create safe, reliable, comfortable, and fun in-car environments for the autonomous driving society of the near future, by providing new in-car entertainment services. Pioneer was established in 1947 and is headquartered in Tokyo, Japan.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CarUX

Singapore, Singapore
Category Company
Sector Technology Hardware
DESCRIPTION

CarUX offers smart cockpit solutions to clients around Singapore. CarUX is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

EQT Private Capital Asia

Hong Kong, China

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 125.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT Private Capital Asia is an Asia-focused private equity group specializing in growth equity investments and buyouts of companies valued between $300 million and $1.5 billion. Baring looks for companies that require capital for organic expansion, recapitalizations, or to fund acquisitions. The Group's geographic coverage spans China, India, Japan, Singapore, Hong Kong, and Taiwan. EQT Private Capital Asia was formed in 1997 and is based in Hong Kong.

DEAL STATS #
Overall 31 of 32
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 11
Country: Japan M&A 7 of 7
Year: 2025 M&A 1 of 2
Size (of disclosed) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 PageUp

Melbourne, Australia

PageUp is a manufacturer of cloud based, enterprise talent management software. Its tools and services empower organizations to optimize their human resources investment processes, enhance workforce performance, and deliver a personalized experience to candidates and employees. PageUp was established in 1997 and is based in Melbourne, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-30 China Shengmu

Hong Kong, China

China Shengmu produces and markets dairy products made from organically sourced milk in China. The Company operates self-owned organic farms and processing facilities, offering a range of liquid milk and related dairy products for retail and industrial customers. Its operations include both upstream dairy farming and downstream production under the Shengmu brand. China Shengmu was founded in 2009 and is headquartered in Bayannur, Inner Mongolia, China.

Sell -
Mergr

Solution for

Product

Company

Legal