M&A Deal Summary

Qorvo Acquires GreenPeak Technologies B.V.

On April 18, 2016, Qorvo acquired semiconductors company GreenPeak Technologies B.V. from GIMV

Acquisition Highlights
  • This is Qorvo’s 3rd transaction in the Semiconductors sector.
  • This is Qorvo’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-04-18
Target GreenPeak Technologies B.V.
Sector Semiconductors
Buyer(s) Qorvo
Sellers(s) GIMV
Deal Type Add-on Acquisition
Advisor(s) Wells Fargo Securities (Financial)

Target

GreenPeak Technologies B.V.

Utrecht, Netherlands
GreenPeak Technologies B.V. is a provider of ultra low power wireless transceiver chips and modules with energy harvesting ready interfaces, using innovative low power mesh protocol, compliant to industry standards (IEEE 802.15.4 and ZigBee).

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Buyer(S) 1

Buyer

Qorvo

Greensboro, North Carolina, United States

Category Company
Founded 2015
Sector Semiconductors
Revenue 3.7B USD (2025)
DESCRIPTION
Entrance to Qorvo's corporate campus in Greensboro, North Carolina.
Entrance to Qorvo's corporate campus in Greensboro, North Carolina.

Qorvo designs and manufactures semiconductor products that connect and power wireless and wired devices. The Company supplies radio frequency solutions, power management components, and connectivity systems for applications in mobile, infrastructure, defense, and IoT markets. Qorvo was formed in 2015 and is headquartered in Greensboro, North Carolina.


DEAL STATS #
Overall 3 of 10
Sector: Semiconductors M&A 3 of 10
Type: Add-on Acquisition M&A Deals 1 of 8
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-24 TriQuint Semiconductor

Hillsboro, Oregon, United States

TriQuint Semiconductor, Inc. is a provider of innovative RF solutions and foundry services for the world's top communications, defense and aerospace companies. TriQuint products help reduce the cost and increase the performance of connected mobile devices and the networks that deliver critical voice, data and video communications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-10 Active-Semi International

Richardson, Texas, United States

Active-Semi International, Inc. is a private fabless supplier of programmable analog power solutions. Active-Semi International, Inc. portfolio of analog and mixed-signal SoCs provide scalable core platforms used in charging, powering and embedded digital control systems for industrial, commercial and consumer applications. Active-Semi offers Power Application Controllers® (PAC®) and Programmable Analog ICs that significantly reduce solution size and cost, improve system reliability, and shorten system development time.

Buy -

Seller(S) 1

SELLER

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.


DEAL STATS #
Overall 70 of 111
Sector: Semiconductors M&A 2 of 2
Type: Add-on Acquisition M&A Deals 35 of 58
Country: Netherlands M&A 18 of 29
Year: 2016 M&A 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-10 Acceo

Gemenos, France

Acceo is an independent player active in elevator inspection and monitoring services, regulated accessibility audits and energy efficiency audits. The group also has a center of excellence for vertical transportation providing advice for elevator design in new and existing buildings. IAcceo offers independent advice and specialist expertise to deal with the complex technical and administrative requirements to comply with safety and sustainability regulations. Acceo was founded in 2003 and is based in Gemenos, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Onwards

Eindhoven, Netherlands

Onwards is a developer of implantable neuro stimulator for patients with incomplete spinal cord injury. Onwards was founded in 2014 and is based in Eindhoven, Netherlands.

Buy -