M&A Deal Summary |
|
|---|---|
| Date | 2023-08-09 |
| Target | NeXtWind |
| Sector | Renewable Energy |
| Buyer(s) |
PSP Investments
IMCO Sandbrook Capital |
| Sellers(s) | Crestline Investors |
| Deal Type | Secondary Buyout |
| Deal Value | 750M USD |
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PSP Investments is a Canadian pension manager focused on a variety of investment strategies including public equities, real estate, private equity, infrastructure, private debt, and natural resources. The Firm's private equity group looks to back funds as well as make direct investments in partnership with managers. PSP will consider opportunities globally and will invest across a broad range of sectors, including financials, consumer, industrials, healthcare, technology, communications, and energy. PSP Investments is based in Ottawa.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 32 |
| Sector: Renewable Energy M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 10 of 11 |
| Country: Germany M&A | 1 of 1 |
| Year: 2023 M&A | 2 of 2 |
| Size (of disclosed) | 10 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-01 |
Radius Global Infrastructure
Bala Cynwyd, Pennsylvania, United States Radius Global Infrastructure owns and acquires critical digital infrastructure, including ground, tower, rooftop and in-building cell sites, in over 20 countries across North and South America, Europe, and Australia. Radius Global Infrastructure is based in Bala Cynwyd, Pennsylvania. |
Buy | $3.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Galderma
Zug, Switzerland Galderma is a global skincare company offering medical and consumer skin health solutions through three business units; aesthetics and prescription and consumer health. Galderma was founded in 1981 and is based in Zug, Switzerland. |
Sell | - |
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 | 5 of 5 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| Country: Germany M&A | 1 of 1 |
| Year: 2023 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-20 |
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. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-21 |
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. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2021 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
Sandbrook Capital is a private investment firm dedicated to developing climate infrastructure companies with proven technologies in clean power generation, transmission, storage, industrial decarbonization, and low-carbon services. The Firm targets platform investments with strong environmental impact and commercial viability across North America and Europe. Sandbrook Capital was formed in 2021 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector: Renewable Energy M&A | 2 of 3 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2023 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-21 |
Voltwise
London, United Kingdom Voltwise is an independent power producer specializing in utility-scale battery energy storage systems (BESS) across Europe. It develops, constructs, and operates projects to enhance grid stability and accelerate the transition to net-zero emissions. Voltwise is based in London, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-22 |
rPlus Energies
Salt Lake City, Utah, United States rPlus Energies is a renewable energy developer specializing in utility-scale solar, wind, and energy storage projects across the U.S., with a pipeline exceeding 15 GW of clean energy capacity. rPlus Energies was founded in 2018 and is based in Salt Lake City, Utah. |
Buy | - |
Crestline Investors is an alternative investment firm that specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds. The Firm was formed in 1997 and is based in Forth Worth, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| Country: Germany M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-27 |
Ntiva
Mclean, Virginia, United States Ntiva provides a full suite of outsourced IT services, including onsite support, remote monitoring, cloud services, backup and disaster recovery, and strategic consulting. The company enables its customers to outsource their IT infrastructure, allowing them to improve their performance, reduce costs and enhance security. Ntiva was founded in 2004 and is based in Mclean, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-27 |
ICEpower
Soborg, Denmark ICEpower develops and markets turn-key audio solutions, class-D amplifier modules, chipsets and software for a number of leading customers in audio production. ICEpower was founded in 1999 and is based in Soborg, Denmark. |
Buy | - |
