M&A Deal Summary

Husqvarna Acquires Mowbot

On June 5, 2019, Husqvarna acquired technology hardware company Mowbot

Acquisition Highlights
  • This is Husqvarna’s 2nd transaction in the Technology Hardware sector.
  • This is Husqvarna’s 7th transaction in the United States.
  • This is Husqvarna’s 3rd transaction in North Carolina.

M&A Deal Summary
Date 2019-06-05
Target Mowbot
Sector Technology Hardware
Buyer(s) Husqvarna
Deal Type Add-on Acquisition

Target

Mowbot

Durham, North Carolina, United States
Mowbot, Inc. provides a franchise platform for robotic lawn care services for residential and commercial customers. Mowbot, Inc. was founded in 2017 and is based in Durham, North Carolina.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Husqvarna

Stockholm, Sweden
Category Company
Founded 1689
Sector Machinery
Employees13,963
Revenue 53.3B SEK (2023)
DESCRIPTION

Husqvarna is a producer of outdoor power products including robotic mowers, garden tractors, chainsaws and trimmers. Husqvarna also produces consumer watering products as well as cutting equipment and diamond tools for the construction and stone industries. Husqvarna was founded in 1689 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 12 of 16
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 11 of 14
State (North Carolina) 3 of 3
Country (United States) 7 of 9
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 Mowbot

Durham, North Carolina, United States

Mowbot, a robotic lawn care franchise business with 16 locations throughout the U.S. The company provides high-quality and environmentally friendly robotic lawn care services for residential and commercial customers. Mowbot is based in Durham, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-04 Wacker Neuson SE - Concrete Power Trowel Business

Munich, Germany

Wacker Neuson SE's Concrete Power Trowel Business includes the product, R&D and manufacturing assets relating to walk-behind and ride-on concrete power trowels.

Buy -
Mergr

Product

Company

Legal