Divestiture • Information Technology

Riverside Acquires IndustrieHansa Consulting & Engineering

On December 1, 2006, private equity firm Riverside acquired information technology company IndustrieHansa Consulting & Engineering from Siemens

Acquisition Context
  • This is Riverside’s 2nd transaction in the Information Technology sector.
  • This is Riverside’s 3rd transaction in Germany.
Investment Fate
  • IndustrieHansa Consulting & Engineering was sold to a consortium of financial buyers in 2008.
  • IndustrieHansa Consulting & Engineering was sold to a publicly-traded strategic buyer in 2013.

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M&A Deal Summary

Date December 1, 2006
Target IndustrieHansa Consulting & Engineering
Sector Information Technology
Buyer(s) Riverside
Sellers(s) Siemens
Deal Type Divestiture

Target Company

IndustrieHansa Consulting & Engineering

Munich, Germany
IndustrieHansa Consulting & Engineering GmbH is an engineering and IT service provider in the fields of consulting, training and engineering to the German automotive and aerospace industries.
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Buyer Overview 1

Buyer

Riverside

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


Deal Context for Buyer #
Overall 84 of 295
Sector: Information Technology 2 of 10
Type: Divestiture 4 of 9
Country: Germany 3 of 16
Year: 2006 21 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-01 AIS Group

Linz, Austria

AIS Group provides process-oriented technology solutions for the automotive, aerospace and steel industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Anitox

Lawrenceville, Georgia, United States

Anitox manufactures antimicrobial preservatives for animal feeds, feed ingredients, and foodstuffs for human consumption. The company develops patented products that enhance animal feed safety and hygiene, and improve animal feed manufacturing processes. Anitox was founded in 1977 and is based in Lawrenceville, Georgia.

Buy -

Seller Profile 1

SELLER

Siemens

Munich, Germany

Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 75.9B EUR (2024)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


Deal Context for Seller #
Overall 10 of 27
Sector: Information Technology 2 of 4
Type: Divestiture 8 of 23
Country: Germany 7 of 16
Year: 2006 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-14 Dematic

Atlanta, Georgia, United States

Dematic is a global provider of logistics automation equipment with a focus on distribution and industry applications. Dematic Corp. was formed in 2006 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Nokia Solutions and Networks

Espoo, Finland

Nokia Solutions and Networks is a data networking and telecommunications equipment company headquartered in Espoo, Finland. It was formed in 2007 as a joint venture between Siemens and Nokia.

Buy -