Koch Strategic Platforms Takes Minority Growth Stake in Lithion Battery
June 23, 2021
Koch Strategic Platforms (KSP) provided growth capital to Lithion Battery Inc., taking a minority strategic investment while TriWest Capital Partners remains the majority equity holder. Lithion, a vertically integrated manufacturer of lithium-ion cells, modules and packs serving industrial, medical, robotics, defense and energy markets, will use the investment to accelerate growth initiatives and expand product and facility build-out.
- Buyers
- Koch Strategic Platforms
- Targets
- Lithion Battery Inc.
- Industry
- Manufacturing
- Location
- Nevada, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
ShawKwei & Partners Invests in Group14 Technologies
September 25, 2023
Manufacturing
ShawKwei & Partners, an Asian private equity investor, made a US$34.3 million growth investment in Group14 Technologies, a U.S. manufacturer of advanced silicon-based battery materials. The capital will support Group14's commercial-scale manufacturing expansion (including factories in Washington State and a JV in South Korea) and strengthen its supply chain after the acquisition of Schmid Silicon in Germany.
-
Greenbacker Capital Management Makes Strategic Minority Investment in Telyon
August 22, 2023
Renewable Energy
New York-based Greenbacker Capital Management has made a strategic minority equity investment in Telyon, a Connecticut-based renewable energy developer focused on commercial & industrial solar, battery storage and EV charging projects. The growth capital injection will help Telyon scale headcount, expand its platform and execute a nationwide pipeline of C&I projects across more than 21 states.
-
Winnebago Industries Acquires Lithionics Battery
March 27, 2023
Manufacturing
Winnebago Industries has agreed to acquire Lithionics Battery, a Clearwater, Florida-based lithium-ion battery solutions provider to the recreational equipment and specialty vehicle markets. The acquisition is intended to expand Winnebago's electrical and electrification capabilities, secure a critical supply chain component, and accelerate product innovation across its RV, marine and specialty vehicle brands.
-
Battery Ventures Majority-Growth Investment in MadCap Software
January 11, 2022
Software
Battery Ventures has made a majority-growth investment in MadCap Software, a San Diego-based provider of single-source, multi-channel content authoring and publishing software. MadCap will use the funding to accelerate product enhancements, expand its services and global presence, improve go-to-market capabilities, and potentially pursue targeted acquisitions.
-
KKR Makes Minority Investment in Sol Systems
July 22, 2021
Renewable Energy
KKR made a significant minority growth investment in Sol Systems to scale the renewable energy developer’s Impact + Infrastructure platform and fund the acquisition of shovel-ready solar and storage projects. The investment includes a strategic partnership in which KKR committed up to $1 billion to acquire ready-to-build projects and support Sol Systems’ development, asset management and community-focused renewable solutions.
-
Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC
November 3, 2020
Financial Services
Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.