M&A Deal Summary

LHP Engineering Solutions Acquires Drivven

On August 7, 2019, LHP Engineering Solutions acquired automotive company Drivven

Acquisition Highlights
  • This is LHP Engineering Solutions’ 1st transaction in the Automotive sector.
  • This is LHP Engineering Solutions’ 1st transaction in the United States.
  • This is LHP Engineering Solutions’ 1st transaction in Texas.

M&A Deal Summary

Date 2019-08-07
Target Drivven
Sector Automotive
Buyer(s) LHP Engineering Solutions
Deal Type Add-on Acquisition

Target

Drivven

San Antonio, Texas, United States
Drivven is a provider of an automotive control and data acquisition solutions for research and production applications. Drivven was founded in 2003 and is based in San Antonio, Texas.

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Buyer(S) 1

Buyer

LHP Engineering Solutions

Columbus, Indiana, United States

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

LHP Software LLC provides engineering services and technology integration for embedded controls, telematics, data analytics, and model-based design. LHP specialize in creating custom, flexible, and comprehensive technology solutions in the automotive, aerospace, and medical fields. LHP Software LLC was founded in 2001 and is based in Columbus, Indiana.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1