M&A Deal Summary

Robert Bosch North America Acquires Climatec Building Technologies Group

On January 15, 2015, Robert Bosch North America acquired energy services and equipment company Climatec Building Technologies Group from Pegasus Capital Advisors

Acquisition Highlights
  • This is Robert Bosch North America’s 1st transaction in the Energy Services and Equipment sector.
  • This is Robert Bosch North America’s 2nd transaction in the United States.
  • This is Robert Bosch North America’s 1st transaction in Arizona.

M&A Deal Summary
Date 2015-01-15
Target Climatec Building Technologies Group
Sector Energy Services and Equipment
Buyer(s) Robert Bosch North America
Sellers(s) Pegasus Capital Advisors
Deal Type Add-on Acquisition
Advisor(s) William Blair (Financial)
Kirkland & Ellis (Legal)

Target

Climatec Building Technologies Group

Phoenix, Arizona, United States
Climatec LLC, a leading provider of building automation, energy efficiency, security and life-safety solutions

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Buyer(S) 1

Buyer

Robert Bosch North America

Farmington Hills, Michigan, United States
Category Company
Founded 1906
Sector Automotive
DESCRIPTION

Robert Bosch North America, Inc. manufactures and markets automotive original equipment and aftermarket products.

DEAL STATS #
Overall 3 of 3
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-03 Akustica

Pittsburgh, Pennsylvania, United States

Akustica develops and sells a complete portfolio of digital and analog micro electromechanical microphones featuring CMOS MEMS technology.

Buy -

Seller(S) 1

SELLER

Pegasus Capital Advisors

Category Private Equity Firm
Founded 1996
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Pegasus Capital Advisors is a private equity firm focused on providing equity and junior capital to middle-market companies across a wide variety of industries. Pegasus looks to commit between $50 and $150 million per transaction. Sectors of interest include building materials, consumer products/services, energy, financial services/insurance, IT, marketing/communications, metals/minerals, and safety/security. Pegasus was formed in 1995 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 8 of 16
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 2 of 8
State (Arizona) 1 of 1
Country (United States) 6 of 11
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-17 Hain Pure Protein

Fredericksburg, Pennsylvania, United States

Hain Pure Protein Corp. is a provider of poultry processing facilities in Fredericksburg. Hain Pure Protein Corp. offers organic chicken, antibiotic-free chicken, cooked chicken, hot wings, diced chicken thighs, and diced chicken breast.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Renaissance Downtowns

Huntington Station, New York, United States

Renaissance Downtowns is a suburban downtown revitalization company. The company enters into master developer relationships with municipalities while simultaneously engaging local communities utilizing a proprietary crowdsourcing process to gain input and foster support for future development. Renaissance Downtowns is based in Huntington Station, New York.

Buy -
Mergr

Product

Company

Legal