M&A Deal Summary

Centerbridge Partners Acquires Senvion

On April 29, 2015, asset manager Centerbridge Partners acquired renewable energy company Senvion from Suzlon Energy for 1.2B USD

Acquisition Highlights
  • This is Centerbridge Partners’ 1st transaction in the Renewable Energy sector.
  • This is Centerbridge Partners’ 4th largest (disclosed) transaction.
  • This is Centerbridge Partners’ 1st transaction in Germany.

M&A Deal Summary
Date 2015-04-29
Target Senvion
Sector Renewable Energy
Buyer(s) Centerbridge Partners
Sellers(s) Suzlon Energy
Deal Type Divestiture
Deal Value 1.2B USD

Target

Senvion

Hamburg, Germany
Senvion SE is a manufacturer of onshore and offshore wind turbines. The Company was formerly known as REpower Systems is headquartered in Hamburg, Germany.

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Buyer(S) 1

Buyer

Centerbridge Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2005
PE ASSETS 38.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.

DEAL STATS #
Overall 20 of 47
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 3
Country (Germany) 1 of 2
Year (2015) 4 of 7
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 BFF Bank

Milan, Italy

BFF Bank is a provider of factoring and credit management services to companies that hold credit positions towards public administration, in particular, public health local administration entities. The company engages in the management and non-recourse sale of trade receivables due from public administrations and national healthcare systems. It provides financial and management support services to companies operating primarily in the pharmaceutical and biomedical sectors. BFF Bank was founded in 1985 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-12 Great Wolf Resorts

Chicago, Illinois, United States

Great Wolf Resorts provides safe and immersive entertainment experiences for families in all seasons and all weather conditions across 18 resorts, or “lodges”, in the United States and Canada. Every Great Wolf lodge contains a full-service hotel, expansive indoor waterpark, recreational activities including game rooms, ropes courses, and family bowling alleys, various food & beverage offerings, and themed experiences with proprietary characters unique to Great Wolf. Great Wolf Resorts was founded in 1992 and is based in Chicago, Illinois.

Buy -

Seller(S) 1

SELLER

Suzlon Energy

Pune, India
Category Company
Founded 1995
Sector Renewable Energy
Employees6,200
Revenue 65.0B INR (2024)
DESCRIPTION

Suzlon Energy is a wind energy company that manufactures a comprehensive range of wind turbines, which are designed by engineering teams in Germany, the Netherlands, and India. As a low-cost manufacturer, Suzlon exports the equipment to international markets, including the US and Europe. Suzlon Energy was founded in 1995 and is based in Pune, India.

DEAL STATS #
Overall 2 of 2
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 2 of 2
Country (Germany) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-29 ZF Wind Power Antwerpen NV

Lommel, Belgium

ZF Wind Power Antwerpen NV produces global wind turbine gearbox and industrial gearbox designer, manufacturer and supplier, with a leading position (by MW supplied) in the wind turbine gearbox market.

Sell £445M
Mergr

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