M&A Deal Summary

GIMV Acquires Smart Battery Solutions

On May 28, 2019, private equity firm GIMV acquired electrical equipment company Smart Battery Solutions

Acquisition Highlights
  • This is GIMV’s 5th transaction in the Electrical Equipment sector.
  • This is GIMV’s 12th transaction in Germany.

M&A Deal Summary

Date 2019-05-28
Target Smart Battery Solutions
Sector Electrical Equipment
Buyer(s) GIMV
Deal Type Buyout (LBO, MBO, MBI)

Target

Smart Battery Solutions

Kleinostheim, Germany
Smart Battery Solutions develops, manufactures and sells lithium-ion battery systems in the low voltage segment up to 60 volts. The product range covers the entire value chain, from the customer-specific assembly of externally produced batteries to the development and production of intelligent energy storage systems and charging technologies. Smart Battery Solutions was founded in 2010 and is based in Kleinostheim, Germany.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.


DEAL STATS #
Overall 130 of 170
Sector: Electrical Equipment M&A 5 of 7
Type: Buyout (LBO, MBO, MBI) M&A Deals 46 of 54
Country: Germany M&A 12 of 23
Year: 2019 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-22 Oldelft Ultrasound

Delft, Netherlands

Oldelft Ultrasound is a manufacturer of transesophageal echocardiography (“TEE”) probes. Oldelft offers quality TEE ultrasound probes that are used in the adult, paediatric and neonatal cardio markets for diagnosis and monitoring. Oldelft Ultrasound was established in 1939 and is based in Delft, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 Alro Group

Dilsen-Stokkem, Belgium

Alro Group provides an industrial coating of car and truck parts. Alro Group was founded in 1976 and is based in Dilsen-Stokkem, Belgium.

Buy -