Investment Summary

IMCO and La Caisse Exits Northvolt

On November 21, 2024, invested in electrical equipment company Northvolt from IMCO and La Caisse

Investment Highlights
  • This is transaction in the Electrical Equipment sector.
  • This is transaction in Sweden.

Investment Summary

Date 2024-11-21
Target Northvolt
Sector Electrical Equipment
Sellers(s) IMCO
La Caisse
Deal Type Bankruptcy

Target

Northvolt

Stockholm, Sweden
Northvolt is a supplier of sustainable, high-quality battery cells and systems. Northvolt has made swift progress on its mission to deliver lithium-ion battery with a minimal CO2 footprint and has grown to over 4,500 people from over 110 different nationalities. Northvolt was founded in 2016 and is based in Stockholm, Sweden.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Seller(S) 2

SELLER

IMCO

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2016
PE ASSETS 5.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investment Management Corporation of Ontario (IMCO) is an asset manager focused on North American and European companies. IMCO invests in a variety of strategies including credit, infrastructure, private equity, and real estate. Within private equity, the Firm invests in a range of sectors including business services, consumer products, technology, media and communications, healthcare, and financial services. IMCO was founded in 2016 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Bankruptcy M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-09 NeXtWind

Berlin, Germany

NeXtWind is a renewable energy company specializing in acquiring and repowering onshore wind farms. NeXtWind is based in Berlin, Germany.

Buy $750M
SELLER

La Caisse

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1965
PE ASSETS 90.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.


DEAL STATS #
Overall 19 of 21
Sector: Electrical Equipment M&A 1 of 1
Type: Bankruptcy M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Techem

Eschborn, Germany

Techem specializes in smart and sustainable solutions for the real estate industry, focusing on energy efficiency and decarbonization. Techem provides digital services that help reduce energy consumption, improve water management, and increase resource conservation across properties. Techem's comprehensive offerings include remote monitoring systems for heating and water, wireless smoke detectors, and solutions for enhancing energy efficiency in buildings. Techem was founded in 1952 and is based in Eschborn, Germany.

Sell €6.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-25 Innergex Renewable Energy

Longueuil, Quebec, Canada

Innergex Renewable Energy develops, owns and operates run-of-river hydroelectric facilities, wind farms and solar photovoltaic farms. Innergex Renewable Energy was founded in 1990 and is based in Longueuil, Quebec.

Buy $10.0B