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M&A Deal Summary

FSN Capital Acquires TASKING

On December 16, 2020, private equity firm FSN Capital acquired software company TASKING from Altium

Acquisition Highlights
  • This is FSN Capital’s 4th transaction in the Software sector.
  • This is FSN Capital’s 3rd transaction in Germany.

M&A Deal Summary
Date 2020-12-16
Target TASKING
Sector Software
Buyer(s) FSN Capital
Sellers(s) Altium
Deal Type Divestiture

Target

TASKING

Munich, Germany
TASKING is a provider of software tools for autonomous driving development. TASKING was founded in 1986 and is based in Munich, Germany.

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Buyer(S) 1

Buyer

FSN Capital

Oslo, Norway

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 4.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

FSN Capital is a private equity firm focused on opportunities in Scandinavia. FSN looks to make control investments in mid-sized companies valued from €50 to €500 million. FSN targets businesses with the potential to 'become international leaders'. FSN Capital was formed in 1999 and has offices in Oslo, Munich, and Stockholm.

DEAL STATS #
Overall 47 of 59
Sector (Software) 4 of 5
Type (Divestiture) 4 of 4
Country (Germany) 3 of 7
Year (2020) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Obton

Aarhus, Denmark

Obton is a specialized alternative investment provider developing, structuring, and managing solar photovoltaic “solar PV” projects on-behalf of ~4,000 high net worth investors. Obton was founded in 2008 and is based in Aarhus, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Omegapoint

Stockholm, Sweden

Omegapoint is a niche IT services firm, specializing in cybersecurity and secure digital transformation. The customers are found within sectors such as banking and finance, automotive, healthcare, media, and retail. Omegapoint was founded in 2001 and is based in Stockholm.

Buy -

Seller(S) 1

SELLER

Altium

La Jolla, California, United States
Category Company
Founded 1985
Sector Software
Revenue 263M USD (2023)
DESCRIPTION

Altium is a multinational software corporation, that focuses on electronics design systems for 3D PCB design and embedded system development. Altium was incorporated in 1985 and is based in La Jolla, California.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 Transfer BV

Markelo, Netherlands

Transfer BV is a provider of Electronic Design Automation (EDA) training, electronics design software and development services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-21 Part Analytics

Brookfield, Wisconsin, United States

Part Analytics provides an AI-powered supply chain management platform, which enables manufacturers to quickly make fully informed decisions for large-scale component planning and procurement, particularly at the enterprise level. Part Analytics is based in Brookfield, Wisconsin.

Buy -
Mergr

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