M&A Deal Summary |
|
|---|---|
| Date | 2021-07-12 |
| Target | Schneider Electric Motion USA |
| Sector | Electrical Equipment |
| Buyer(s) | Novanta |
| Sellers(s) | Schneider Electric |
| Deal Type | Divestiture |
| Deal Value | 115M USD |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Technology Hardware |
| Employees | 2,900 |
| Revenue | 882M USD (2023) |
Novanta is a provider of core technology solutions that give medical and advanced industrial original equipment manufacturers a competitive advantage. The Company combines deep proprietary technology expertise and competencies in precision medicine and manufacturing, medical solutions, and robotics and automation with a proven ability to solve complex technical challenges. Novanta was founded in 1968 and is based in Bedford, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 13 |
| Sector (Electrical Equipment) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 7 of 9 |
| Year (2021) | 1 of 2 |
| Size (of disclosed) | 5 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-02 |
Laser Quantum
Cheshire, United Kingdom Laser Quantum is a supplier to original equipment manufacturers (OEMs) of solid state continuous wave lasers, femtosecond lasers, and optical light engines for the medical market. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-19 |
ATI Industrial Automation
Apex, North Carolina, United States ATI Industrial Automation is a provider of intelligent end-of-arm technology solutions to original equipment manufacturers ("OEMs") for advanced industrial and surgical robots. ATI develops, manufactures, and sells products such as robotic changing systems, force/torque sensors, and collision sensors for industrial, collaborative, and medical robotic applications. ATI Industrial Automation was founded in 1989 and is based in Apex, North Carolina. |
Buy | $172M |
| Category | Company |
|---|---|
| Founded | 1836 |
| Sector | Electrical Equipment |
| Employees | 164,640 |
| Revenue | 35.9B EUR (2023) |
Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 15 |
| Sector (Electrical Equipment) | 5 of 7 |
| Type (Divestiture) | 8 of 10 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 6 of 7 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-13 |
RIB Software
Stuttgart, Germany RIB Software is a provider of iTWO 5D BIM Big Data technology for the construction industry. RIB creates, develops, and offers iTWO³ – new thinking, new working method and new technology - for construction projects across various industries worldwide. RIB Software was founded in 1961 and is based in Stuttgart, Germany. |
Buy | €1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-28 |
Uplight
Boulder, Colorado, United States Uplight is a provider of energy management software, hardware, and services for consumers and utility companies. Uplight data analytics on more than 123 million homes creates new business opportunities for any product or service provider connected to the home. Today, this includes electric and gas utilities, and energy retailers. Built over more than a decade, the Tendril Platform delivers real-time, ever-evolving data about the home and how people use energy in it. These rich insights help our customers improve customer acquisition, increase engagement and orchestrate home energy experiences. Uplight was founded in 2004 and is based in Boulder, Colorado. |
Buy | - |
