M&A Deal Summary

Great Rock Development Acquires Cyberworks Robotics

On September 24, 2015, Great Rock Development acquired automotive company Cyberworks Robotics

Acquisition Highlights
  • This is Great Rock Development’s 1st transaction in the Automotive sector.
  • This is Great Rock Development’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-09-24
Target Cyberworks Robotics
Sector Automotive
Buyer(s) Great Rock Development
Deal Type Add-on Acquisition

Target

Cyberworks Robotics

United States
Cyberworks Robotics, Inc. is a manufacturer of robotically assisted electric scooter for the disabled.

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Buyer(S) 1

Buyer

Great Rock Development

Sault Ste Marie, Ontario, Canada

Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

Great Rock Development Corp. is a provider of robotics and guidance system solutions.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1