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  5. Nexteon Technologies Acquires SeRo Systems

M&A Deal Summary

Nexteon Technologies Acquires SeRo Systems

On March 16, 2021, Nexteon Technologies acquired information technology company SeRo Systems

Acquisition Highlights
  • This is Nexteon Technologies’ 1st transaction in the Information Technology sector.
  • This is Nexteon Technologies’ 1st transaction in Germany.

M&A Deal Summary
Date 2021-03-16
Target SeRo Systems
Sector Information Technology
Buyer(s) Nexteon Technologies
Deal Type Add-on Acquisition

Target

SeRo Systems

Kaiserslautern, Germany
SeRo Systems develops technologies that collect, store, process, analyze and visualize Automatic Dependent Surveillance-Broadcast (ADS-B) and secondary surveillance radar (SSR)-based tracking information. SeRo Systems is based in Kaiserslautern, Germany.

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Buyer(S) 1

Buyer

Nexteon Technologies

Hinsdale, Illinois, United States
Category Company
Sector Information Technology
DESCRIPTION

Nexteon Technologies is a provider of an advanced aviation technologies. Nexteon Technologies is based in Hinsdale, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
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