Fortive to Acquire EA Elektro-Automatik Holding GmbH

Bregal Unternehmerkapital Acquires Majority Stake in EA Elektro-Automatik

December 12, 2019

Manufacturing

Funds advised by Bregal Unternehmerkapital have acquired a majority stake in EA Elektro-Automatik GmbH & Co. KG as part of a succession plan. The investment is intended to support the company’s continued growth — including expanded US and Asian presence, new product development, and increased production capacity at its Viersen headquarters.

AEA Investors Acquires SCIO Automation Holding GmbH

August 31, 2023

Industrial Services

AEA Investors’ Middle Market private equity fund has closed the acquisition of SCIO Automation Holding GmbH, making AEA the new majority shareholder. Quadriga Capital’s Partnership Va has exited while Quadriga (Fund VI) has reinvested a minority position; SCIO is an industrial automation system integrator headquartered in Frankenthal, Germany with ~1,100 employees and ~€190 million of revenues in 2022.

Summa Equity Invests in EA Technology

October 14, 2024

Energy

Impact investor Summa Equity has completed an investment in UK-headquartered EA Technology, partnering with selling management and employee shareholders to scale the company's smart grid hardware, software and services. The deal (from Summa Equity Fund III) will support EA Technology's capability enhancement and international roll-out; EA reported ~£48m revenue in 2023 and around 300 employees.

Fortive to Acquire ServiceChannel for Approximately $1.2 Billion

July 12, 2021

Cloud & SaaS

Fortive entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChannel, a global provider of SaaS-based multi-site facilities maintenance service solutions with an integrated service-provider network. The $1.2 billion transaction is expected to close in the third quarter of 2021, subject to customary closing conditions and regulatory approvals.

Element Materials Technology Acquires Energy Assurance

April 21, 2022

Industrial Services

Element Materials Technology has acquired Energy Assurance, a Gainesville, Georgia-based independent battery testing operator, to expand its battery testing capabilities and lab capacity in North America. The acquisition adds EA’s performance, safety, regulatory and abuse testing services (including >3,000 cycling channels and 200+ environmental chambers) to Element’s global network to support growth in EVs, energy storage and connected device markets.

GlobalLogic Acquires Fortech

November 21, 2022

Software

GlobalLogic, a Hitachi Group company, signed a definitive agreement to acquire Fortech, a digital engineering software services firm headquartered in Romania. The acquisition is intended to strengthen GlobalLogic’s European presence and expand access to Romania’s talent and blue-chip client base, with Fortech to continue operating as a wholly owned subsidiary.