Investment Summary

General Atlantic Invests In ControlExpert

On May 15, 2017, growth capital firm General Atlantic invested in information technology company ControlExpert

Investment Highlights
  • This is General Atlantic’s 26th transaction in the Information Technology sector.
  • This is General Atlantic’s 11th transaction in Germany.
Investment Fate
  • ControlExpert was sold to a consortium of financial buyers in 2020.

Investment Summary

Date 2017-05-15
Target ControlExpert
Sector Information Technology
Investor(s) General Atlantic
Deal Type Growth Capital

Target

ControlExpert

Langenfeld, Germany
ControlExpert develops multifaceted products and services for insurance companies, fleet operators, leasing firms, repair shops, car dealerships, automotive manufacturers, and motor vehicle experts. It links up all the parties involved in the claims and maintenance process and establishes an electronic, data-supported communication standard based on structured data. ControlExpert was formed in 2002 and is based in Langenfeld, Germany.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 174 of 364
Sector: Information Technology M&A 26 of 45
Type: Growth Capital M&A Deals 79 of 139
Country: Germany M&A 11 of 18
Year: 2017 M&A 6 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 Fourcee Infrastructure

Mumbai, India

Fourcee Infrastructure is a Mumbai-based multimodal liquid cargo logistics company. The Company is into the business of movement of liquids mainly Non Petroleum oil and Lubricants (Non-POL) like fatty acid, crude palm oil, molasses, chemicals etc. on rail in containers hitherto moving on road in tank containers. Fourcee Infrastructure was founded in 2002 and is based in Mumbai, India.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-30 Grupo Axo

Mexico City, Mexico

Grupo Axo is a multi-brand retail company that owns and operates Promoda, Mexico’s leading off-price retailer, and also owns the exclusive rights to commercialize 20+ international consumer brands in the apparel and accessories categories in Mexico. Grupo Axo was founded in 1994 and is based in Mexico.

Buy -