M&A Deal Summary

I.C. Power Acquires Energuate

On January 25, 2016, I.C. Power acquired energy services and equipment company Energuate from Actis Capital for 289M USD

Acquisition Highlights
  • This is I.C. Power’s 1st transaction in the Energy Services and Equipment sector.
  • This is I.C. Power’s largest (disclosed) transaction.
  • This is I.C. Power’s 1st transaction in Guatemala.

M&A Deal Summary
Date 2016-01-25
Target Energuate
Sector Energy Services and Equipment
Buyer(s) I.C. Power
Sellers(s) Actis Capital
Deal Type Add-on Acquisition
Deal Value 289M USD

Target

Energuate

Guatemala
Energuate is the electricity distribution company.

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Buyer(S) 1

Buyer

I.C. Power

San Isidro, Peru
Category Company
Founded 2007
Sector Utilities
DESCRIPTION

I.C. Power Ltd. (IC Power) is a fast-growing global power generation company.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Guatemala) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 Advanced Integrated Energy

Israel

Advanced Integrated Energy Ltd. is a power generation company.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-26 I.C. Power - Latin American and Caribbean Businesses

San Isidro, Peru

I.C. Power Ltd - Latin American and Caribbean Businesses is a provider of utilities services.

Sell $1.2B

Seller(S) 1

SELLER

Actis Capital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
PE ASSETS 24.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Actis Capital is a private equity firm focused on investments in emerging markets. Actis segments its investment activity into three areas. These include private equity, energy, and real estate. Actis' private equity team looks for buyout and growth capital opportunities requiring at least $50 million in financing. Depending on the situation, Actis will consider both controlling and minority investment situations. Sectors of interest include financial services, consumer and retail, business services, and industrial. Actis' energy group seeks to invest in in a variety of energy and utility projects. Actis' real estate team invests equity capital in office, residential, industrial, hotel and retail projects. Actis Capital was established in 2004 and is based in London.

DEAL STATS #
Overall 57 of 81
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 25 of 41
Country (Guatemala) 1 of 1
Year (2016) 2 of 7
Size (of disclosed) 6 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 SML Isuzu

Chandigarh, India

SML Isuzu is a manufacturer of light commercial vehicles (five to ten tonnes) and is responding to the nation’s changing infrastructure and transport needs. SML Isuzu was incorporated in 1983 and is based in Chandigarh, India.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 Plateno Hotels Group Co .

Guangzhou, China

Plateno Hotel Group is a economy and mid-tierhotel chain operator in China.

Sell $1.5B
Mergr

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