M&A Deal Summary

TERREPOWER Acquires Budweg

On March 31, 2022, TERREPOWER acquired automotive company Budweg from Capidea Management

Acquisition Highlights
  • This is TERREPOWER’s 4th transaction in the Automotive sector.
  • This is TERREPOWER’s 1st transaction in Denmark.

M&A Deal Summary

Date 2022-03-31
Target Budweg
Sector Automotive
Buyer(s) TERREPOWER
Sellers(s) Capidea Management
Deal Type Add-on Acquisition

Target

Budweg

Odense S, Denmark
Budweg is a major company in Europe within the remanufacturing of used brake calipers and the company develops, produces, remanufacturers, and sells brake calipers to the independent aftermarket. Budweg was founded in 1978 and is based in Odense, Denmark.

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Buyer(S) 1

Buyer

TERREPOWER

Daphne, Alabama, United States

Category Company
Founded 1987
Sector Automotive
DESCRIPTION

TERREPOWER engages in remanufacturing of starters, alternators, hydraulic and air disc brake calipers, both hydraulic and electronic power steering products and turbochargers for the OEM, personal and commercial vehicle aftermarket industries. TERREPOWER was founded in 1987 and is headquartered in Daphne, Alabama.


DEAL STATS #
Overall 4 of 6
Sector: Automotive M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Denmark M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-28 Industrial Metalcaucho SLU

Barcelona, Spain

Metalcaucho is the specialist designer & distributor of rubber, rubber-to-metal, and plastic automotive independent aftermarket spare parts. The company has over 30 years of experience in this segment and has launched 12 catalogs during this period. Headquartered in Barcelona, sells to over 60 countries. Metalcaucho was formed in 1987 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-17 Hydraulex

Chesterfield, Michigan, United States

Hydraulex is a remanufacturer and distributor of all major makes and brands of quality hydraulic pumps, motors, valves/servo, and cylinders for a vast variety of industrial, mobile, mining and oil-field applications. Hydraulex Global was founded in 2010 and is based in Chesterfield, Michigan.

Buy -

Seller(S) 1

SELLER

Capidea Management

København, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 2.3B DKK
Size Large
Type Sector Agnostic
DESCRIPTION

Capidea Management ApS is a Danish private equity firm that targets small and mid-sized market companies located in Denmark. The Firm targets potential for growth businesses with attractive market positions, proven products and technologies led by experienced management team. It looks to invests in companies with an enterprise value of DKK 400 million. Capidea seeks to hold both majority and minority equity interest in well established portfolio companies. Specific areas of interest include manufacturing, distribution, software, retail, and services. The Firm does not looks to invests in real estate, financial companies, venture capital and start-up companies. Capidea Management ApS was formed in 2006 and is based in København.


DEAL STATS #
Overall 11 of 12
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Denmark M&A 11 of 12
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Westpack

Holstebro, Denmark

Westpack design, develop, manufactures, and sells special packaging and display solutions to more than 22.000 jeweler, watch- and glass retailers across Europe. Furthermore, Westpack provides tailormade solutions to more than 300 jewelry, watch, and glass brands globally. Westpack was founded in 1953 and is based in Holstebro, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-24 Obsidian Digital

Copenhagen, Denmark

Obsidian Digital is a data-driven business consultancy. The company develops proven digital strategies for danish companies and helps execute these through marketing channels like Google, Social Media Marketing, and E-mail Marketing. It specializes in providing search engine optimization (SEO), Google Ads, Facebook Ads, and conversion optimization (CRO). Obsidian Digital was founded in 2016 and is based in Copenhagen, Denmark.

Sell -