M&A Deal Summary

Hudson Sustainable Investment Management, Spring Mountain Capital and Foxconn Interconnect Technology Acquire Powermat Technologies

On January 1, 2012, private equity firm Hudson Sustainable Investment Management, growth capital firm Spring Mountain Capital and Foxconn Interconnect Technology acquired consumer products company Powermat Technologies

Acquisition Highlights
  • This is Hudson Sustainable Investment Management’s 1st, Spring Mountain Capital’s 1st and Foxconn Interconnect Technology’s 1st transaction in the Consumer Products sector.
  • This is Hudson Sustainable Investment Management’s 1st, Spring Mountain Capital’s 1st and Foxconn Interconnect Technology’s 1st transaction in Israel.

M&A Deal Summary

Date 2012-01-01
Target Powermat Technologies
Sector Consumer Products
Buyer(s) Hudson Sustainable Investment Management
Spring Mountain Capital
Foxconn Interconnect Technology
Deal Type Buyout (LBO, MBO, MBI)

Target

Powermat Technologies

Petah Tikva , Israel
Powermat Technologies develops wireless charging solutions for mobile devices. Powermat Technologies was founded in 2006 and is based in Petah Tikva, Israel.

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Buyer(S) 3

Buyer

Hudson Sustainable Investment Management

Miami, Florida, United States

Category Private Equity Firm
Founded 2007
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Hudson Clean Energy Partners is a private equity firm focused on investments in clean energy. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. The Firm prefers high-growth, asset based opportunities. Hudson Clean Energy Partners was formed in 2007 and is based in Teaneck, New Jersey.


DEAL STATS #
Overall 9 of 12
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 7 of 7
Country (Israel) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-19 Landis+Gyr AG

Zug, Switzerland

Landis & Gyr (Europe) AG develops and manufactures payphones and remote transaction systems for payphone operators, site providers, and equipment integrators.

Sell $2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Green Campus Partners

Edison, New Jersey, United States

Green Campus Partners is a pioneering development and financial solutions firm for the rapidly expanding energy efficiency and distributed generation markets. GCP focuses on development, financing, and implementation of projects in two key energy services segments: energy efficiency and distributed generation. Green Campus Partners was founded in 2009 and is based in Edison, New Jersey.

Sell -
DESCRIPTION

Spring Mountain Capital is a growth capital firm focused on providing expansion capital to tech-enabled companies across North America. The Firm looks to invest in earlier stage companies ($2 to $10 million of revenue) with high growth rates, proven products/services, and a path to profitability. Spring Mountain generally looks to commit $5 to $15 million per transaction. Spring Mountain Capital was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 8 of 28
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 3
Country (Israel) 1 of 1
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Activate Healthcare

Indianapolis, Indiana, United States

Activate Healthcare LLC is a provider of on-site healthcare services to the employees of medium-sized employers. Activate Healthcare was founded in 2009 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-30 American Power Group

Algona, Iowa, United States

American Power Group provides a cost-effective, patented Turbocharged Natural Gas™ conversion technology for aftermarket diesel engines and diesel generators. American Power Group was founded in 1992 and is based in Algona, Iowa.

Buy -
Buyer

Foxconn Interconnect Technology

Taipaei, Taiwan

Category Company
Founded 2013
Sector Electrical Equipment
Employees70,000
DESCRIPTION

Foxconn Interconnect Technology Limited is a developer and manufacturer of electronic connectors used in a variety of consumer devices.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (Israel) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-17 BLU-CASTLE S.A.

Madrid, Spain

BLU-CASTLE, S.A. distributes telecommunications products to carriers across Europe, Middle East and Latin-America. Blu-Castle develops products to meet the requirements of its customers and the needs of their subscribers, delivering fully configured solutions backed up by a strong local support.

Buy -