M&A Deal Summary

SkySpecs Acquires Fincovi

On May 17, 2021, SkySpecs acquired information technology company Fincovi

Acquisition Highlights
  • This is SkySpecs’ 2nd transaction in the Information Technology sector.
  • This is SkySpecs’ 1st transaction in Ireland.

M&A Deal Summary

Date 2021-05-17
Target Fincovi
Sector Information Technology
Buyer(s) SkySpecs
Deal Type Add-on Acquisition

Target

Fincovi

Westmeath, Ireland
Fincovi is renewable energy back and middle-office software-enabled service provider that enables scale with confidence. Fincovi was founded in 2017 and is based in Westmeath, Ireland.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

SkySpecs

Ann Arbor, Michigan, United States

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

SkySpecs is a provider of world-class data insight and automation to help wind farm owners and operators optimally invest in, maintain, and manage their assets for sustainable returns. SkySpecs provide end-to-end solutions from robotics and AI-driven predictive analytics for wind blade and drivetrain maintenance, through financial asset management. SkySpecs was founded in 2012 and is based in Ann Arbor, Michigan.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Ireland M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Vertikal AI

Vejle, Denmark

Vertikal AI is an industrial artificial intelligence company that specializes in AI for predictive maintenance in wind power. Vertikal AI helps clients scale their O&M business through innovative software technologies. Vertikal AI was founded in 2018 and is based in Vejle, Denmark.

Buy -