M&A Deal Summary

Cepton Acquires Koito

On July 29, 2024, Cepton acquired electrical equipment company Koito

Acquisition Highlights
  • This is Cepton’s 1st transaction in the Electrical Equipment sector.
  • This is Cepton’s 1st transaction in Japan.

M&A Deal Summary
Date 2024-07-29
Target Koito
Sector Electrical Equipment
Buyer(s) Cepton
Deal Type Add-on Acquisition
Advisor(s) Davis Polk & Wardwell
Nishimura & Asahi (Legal)

Target

Koito

Tokyo, Japan
Koito is an automotive tier-one supplier operating 30 companies in 13 countries worldwide and providing products and services to customers worldwide, through a global network led by five major regions (Japan, Americas, Europe, China, and Asia). The company develops lighting technologies and related equipment, control systems, and environmentally friendly products, materials, and production methods. Koito was formed in 1915 and is based in Tokyo.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cepton

San Jose, California, United States
Category Company
Founded 2016
Sector Technology Hardware
Employees87
Revenue 13M USD (2023)
DESCRIPTION

Cepton provides state-of-the-art, intelligent, lidar-based solutions for a range of markets such as automotive (ADAS/AV), smart cities, smart spaces, and smart industrial applications. Cepton’s patented MMT®-based lidar technology enables reliable, scalable, and cost-effective solutions that deliver long-range, high-resolution 3D perception for smart applications. Cepton was founded in 2016 and is headquartered in San Jose, California.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Japan) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal