SoftBank Acquires 40% Stake in AutoStore

April 5, 2021

SoftBank Group Corp. agreed to acquire a 40% stake in AutoStore from funds affiliated with Thomas H. Lee Partners and EQT, among other shareholders, in a transaction announced April 2021. The investment (reported at about $2.8 billion) aims to accelerate AutoStore's global expansion across geographies and end markets, particularly in Asia-Pacific, while THL remains the majority shareholder.

Buyers
SoftBank Group Corp.
Targets
AutoStore
Sellers
Funds affiliated with Thomas H. Lee Partners (THL), EQT Private Equity (EQT), Other existing shareholders
Industry
Manufacturing
Location
Rogaland, Norway
Transaction Type
Growth capital

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