M&A Deal Summary |
|
|---|---|
| Date | 2011-06-14 |
| Target | Navigon AG |
| Sector | Information Services |
| Buyer(s) | Garmin |
| Sellers(s) | General Atlantic |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1989 |
| Sector | Electronics |
| Employees | 19,900 |
| Revenue | 6.3B USD (2024) |
Garmin and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications. Its products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin was founded in 1990 and is based in Schaffhausen, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 27 |
| Sector: Information Services M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 12 of 26 |
| Country: Germany M&A | 2 of 2 |
| Year: 2011 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-09-21 |
MetriGear
Santa Clara, California, United States MetriGear, Inc. is the creator of a new pedal-based power solution for cycling. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-14 |
Interphase Technologies
Soquel, California, United States Interphase Technologies manufactures phased array scanning sonars, depthsounders, and navigation electronics. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 105.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 166 |
| Sector: Information Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 16 of 50 |
| Country: Germany M&A | 4 of 9 |
| Year: 2011 M&A | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-01 |
Citco
Grand Cayman, Cayman Islands Citco is a provider of administrative and trade processing services for hedge funds, private equity and real estate firms, institutional banks, Global 1000 companies, and high net worth individuals. Citco was founded in 1948 and is based in Grand Cayman, Cayman Islands. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-18 |
Align Networks
Jacksonville, Florida, United States Align Networks is a provider of physical therapy services for the worker's compensation industry. Align's clients benefit from consistent case management support, improved efficiency, and reduced costs. Align Networks was formed in 2005 and is based in Jacksonville, Florida. |
Buy | - |