M&A Deal Summary

TÜV NORD AG Acquires Alter Technology Group

On June 13, 2011, TÜV NORD AG acquired engineering company Alter Technology Group from ScaleUp Capital

Acquisition Highlights
  • This is TÜV NORD AG’s 1st transaction in the Engineering sector.
  • This is TÜV NORD AG’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-06-13
Target Alter Technology Group
Sector Engineering
Buyer(s) TÜV NORD AG
Sellers(s) ScaleUp Capital
Deal Type Add-on Acquisition
Advisor(s) Clearwater International (Financial)

Target

Alter Technology Group

Portsmouth, United Kingdom
Alter Technology Group is a quality driven company providing procurement, engineering and test services for E.E.E. (Electrical, Electronic and Electromechanical) components and electronic systems, within the space and harsh environment markets, where failure is not an option.

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Buyer(S) 1

Buyer

TÜV NORD AG

Hanover, Germany

Category Company
Sector Business Services
DESCRIPTION

TÜV NORD AG is a provider of technical services to customers in Germany and internationally.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

ScaleUp Capital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 200M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ScaleUp Capital (formerly Root Capital) is a private equity firm that invests in technology, support services, and media businesses throughout the UK. Root Capital will consider in a variety of companies, including growth businesses, listed companies, non-core divestitures, and turnarounds. The Firm looks to invests £0.5 - £6 million in companies generating revenues of £1 - £20 million. Areas of interest include software/hardware vendors, IT outsourcing/managed services, telecommunications, hosting, IT consulting/systems integration, finance/administration, human resource, call centers, marketing services, logistics services, information services, on-line services, publishing and conferences services. ScaleUp Capital was formed in 2003 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 7
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 5
Country: United Kingdom M&A 1 of 6
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-01 The Mettoni Group

Durham, North Carolina, United States

The Mettoni Group is a developer of software applications for enhancing the performance and functionality of telephony PBX switches and the latest generation of IP telephony technologies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-09 KnowledgePool Group

Berkshire, United Kingdom

KnowledgePool Group Ltd. provides learning services, including bespoke training programmes, learning consultancy, training administration, supplier management and full business process outsourcing.

Sell -