M&A Deal Summary

HOTSTART Acquires HOTSTART UK

On March 20, 2019, HOTSTART acquired manufacturer HOTSTART UK from IPU Group

Acquisition Highlights
  • This is HOTSTART’s 1st transaction in the Manufacturing sector.
  • This is HOTSTART’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-03-20
Target HOTSTART UK
Sector Manufacturing
Buyer(s) HOTSTART
Sellers(s) IPU Group
Deal Type Divestiture

Target

HOTSTART UK

Birmingham, United Kingdom
HOTSTART UK offers a variety of engine heater products and directly serves customers in the UK.

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Buyer(S) 1

Buyer

HOTSTART

Spokane, Washington, United States

Category Company
Founded 1942
Sector Manufacturing
DESCRIPTION

HOTSTART designs and manufactures heating systems that improve engine and equipment reliability. The Company was formed in 1942 and is headquartered in Spokane, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

IPU Group

West Midlands, United Kingdom

Category Company
Founded 1959
Sector Manufacturing
DESCRIPTION

IPU Group designs and manufactures high quality, engine starting, engine control, fuel polishing and oil conditioning products for critical diesel and gas engine applications. The Company's engineered solutions provide reliability and confidence for power generation, the oil and gas industry, offshore and marine, industrial and off highway applications.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1