M&A Deal Summary

ZAPI Acquires Delta-Q Technologies

On December 7, 2016, ZAPI acquired electrical equipment company Delta-Q Technologies from Tandem Expansion Fund

Acquisition Highlights
  • This is ZAPI’s 1st transaction in the Electrical Equipment sector.
  • This is ZAPI’s 1st transaction in Canada.
  • This is ZAPI’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2016-12-07
Target Delta-Q Technologies
Sector Electrical Equipment
Buyer(s) ZAPI
Sellers(s) Tandem Expansion Fund
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

Delta-Q Technologies

Burnaby, British Columbia, Canada
Delta-Q Technologies Corp. is a developer and supplier of power conversion solutions to vehicle manufacturers enabling the shift away from internal combustion engines to environmentally friendly electric drive systems. Considered the technology benchmark in industrial AC-DC battery chargers and integrated DC-DC power converters, Delta-Q's customers include some of the largest manufacturers of recreational, industrial and specialty electric drive vehicles in the world.

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Buyer(S) 1

Buyer

ZAPI

Poviglio, Italy

Category Company
Founded 1975
Sector Automotive
DESCRIPTION

ZAPI S.p.A. is a manufacturer of electronic speed controllers, electric motors, battery chargers and associated products for electric and hybrid vehicles.


DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 Ubiquicom

Milan, Italy

Ubiquicom is a developer of real-time locating systems for manufacturing, transportation, and logistics processes. Ubiquicom was founded in 2004 and is based in Milan, Italy.

Buy -

Seller(S) 1

SELLER

Tandem Expansion Fund

Toronto, Ontario, Canada

Category Growth Capital Firm
Founded 2009
Size Small
Type Sector Focused
DESCRIPTION

Tandem Expansion is a private growth capital fund seeking to invest in small to mid-sized tech businesses in Canada. Specific areas of interest include IT (hardware, software, service), clean tech, energy/resource, technology, advanced materials, and life science. The Firm looks to invest $10 to $30 million in fast growing businesses with $5 to $50 million in revenues. Investment proceeds are typically used to fund organic growth or provide acquisition capital. Tandem was formed in 2009 and is based in Montreal, Québec.


DEAL STATS #
Overall 2 of 7
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (British Columbia) 1 of 2
Country (Canada) 2 of 6
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 Solace Systems

Ottawa, Ontario, Canada

Solace Systems provides market-leading technology for real-time, event-based movement of data. Solace’s proprietary ‘event mesh’ platform securely and reliably moves event data into, out of, and across enterprise applications. Solace Systems was founded in 2001 and is based in Ottawa, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Acquisio

Brossard, Quebec, Canada

Acquisio, Inc. is a local business software provider for online advertising management. Acquisio empowers SMBs to thrive in the digital economy by facilitating customer acquisition using ad platforms such as Google AdWords, Facebook Ads, and Bing Ads. Acquisio, Inc. was founded in 2003 and is based in Brossard, Quebec.

Sell -