Latest News

We focus on local and international deals up to US$500 million in value across a wide range of sectors. Since the start of 2012 our partner firms have collectively completed over 230 deals, in 30 countries worldwide with an aggregate value of over US$17.5 billion.

Mergers Alliance release Cleantech Report 2012

10th October 2011

Mergers Alliance latest report highlights international nature of Cleantech M&A

The latest report by international corporate finance partnership Mergers Alliance sets outs the cleantech M&A landscape across 17 countries and predicts expanding M&A activity over the next 18 months despite ongoing economic uncertainty. The research specifically identifies the “globality” of the cleantech industry with some of the strongest cleantech markets experiencing increases in cross-border activity. Despite austerity measures taking place in some of the world’s largest economies, cutbacks in cleantech initiatives have not been as widespread as anticipated. “Diminishing state support mechanisms have not happened across the board. For example, in the UK the government has expanded fiscal support schemes directed at cleantech despite wholesale cuts elsewhere, and this has had a positive effect on transaction volume” stated Mark Wilson, head of the Mergers Alliance’s Cleantech Sector Team. The report shows that in some cases, where local incentives have been withdrawn, companies have pursued acquisitions in more economically attractive geographies. Some of the key findings included: • Just under 50 per cent of all cleantech transactions within the 17 countries reviewed were cross-border. This reflects the highly international nature of the industry and is much higher than in many more traditional sectors; • Certain countries have established clear comparative advantages in particular renewable energy segments due to their geographic, political and industrial profiles. The strength and future potential of sub-sectors in different countries is influencing investment flows and corporate acquisition activity. The research also shows how certain sub-sectors are becoming economically viable without government backing; • The high growth rate in private equity investment in cleantech is expected to continue, and indeed increase, helped by their willingness to invest across the full financing cycle; from venture funding, through buyouts to project financing. In addition to the continued expansion in funds raised to focus on cleantech, the definition of cleantech is broadening and now includes companies which are focused on segments such as industrial efficiency; • The solar industry is one of the likeliest sectors to experience an increase in M&A activity, with reductions in government domestic support actually driving cross-border transactions. The report is based on research done by Merger Alliance professionals across the globe and covers the main factors affecting M&A transactions as well as macro indicators and the general cleantech environment in each featured country. The research has also predicts some key cleantech investment areas in the near future. \"Our experience of working with businesses in a number of cleantech sectors shows the appetite for cross border M&A, driven in particular by large international corporates. This report provides insights into how country specific legislation and geographic expertise is influencing these investment decisions. It is the first report of its kind, with a key focus on mid-market M&A and should be an invaluable source of information for anyone operating in the cleantech sector\" explained Andy Currie, Managing Partner at Catalyst and current Chairman of Mergers Alliance. Click on link below to download the full report 126-cee18e8a2535357172004ee3f8ddfff2.pdf
Adobe Acrobat file - 5.1 mb

< Back

latest opinion

Go West: Increasing Cross-Border Acquisitions from Poland

If asked about Poland-based acquirers a few years ago, I would probably have responded with a short list of companies whose acquisitions were mainly in adjacent countries…

Mobile commerce in Latin America

An interesting phenomenon is occurring in Latin America: the rise of mobile commerce.…

Tips for Succession Planning - it is never too early to start

When comes to deciding on the future of your business, undoubtedly the biggest decision you will ever make is when to sell and who to sell it to.…

Indian economy reactivated under new government headed by Narendra Modi

The ascension of Narendra Modi to the post of Prime Minister is an unequivocal endorsement of a changing India and brings hope for structural reforms…

View more >

latest deals

Darussalam Assets Sdn Bhd

Financial and commercial advisory engagement to assist Darussalam Assets (a wholly owned company of the Ministry of Finance) in restructuring and consolidating its portfolio of…

Unicon Group - Norwegian Tech

Unicon group has taken a 50% stake in the Norwegian company Breivoll Inspection Technologies AS located in northern Norway in Tromso. This company has the…

Plurel B.V. - Project Locomotive

Dekra Netherlands Holding B.V., a subsidiary of Dekra e.V. (Germany), acquired Plurel B.V.

Necotrans - €121 debt-financing

Necotrans, the €1bn Revenues French Group specialized in logistics activities in Africa raised €121M debts in a club deal involving 8 banks and a long-term…

Expobank - Foreign Affair

Expobank, bought out the Czech subsidiary of LBBW (Landes Bank Baden Wurtemburg) in Prague and the other parts of the Czech Republic.

ADF - Sponsorless MBO

Capitalmind advised the full exit of Edmond de Rothschild Investment Partners in Groupe ADF (leading French industrial maintenance services provider), through a sponsorless MBO supported…

Instituut Pica - Pica

Capitalmind were the sole advisor to Estro Groep, one of the leading providers of childcare services in the Netherlands, in their sale of Instituut Pica…

Traffic4U

Capitalmind were the sole advisor to Traffic4U and bGenius in their sale to IPG Mediabrands, owned by US based Interpublic Group.

Electricity Generating Public Co. Ltd. - Sirius

Served as financial advisor in formulating the structure and execution of the acquisition of a 20% stake in a foreign entity.

MASMOVIL IBERCOM, S.A.

MASMOVIL IBERCOM has issued capital for a total amount of €25m to finance its strategic plan, based on both organic growth and some selective acquisitions.

This…

Advanced Lighting Technologies

Headwaters advised Advanced Lighting Technologies (ADLT), a Solon, OH-based manufacturer of energy efficient lighting materials and finished products, on the sale of its Santa Rosa,…

ASP4all Bitbrains - Sale to Vitruvian

British Private Equity investor Vitruvian has made a strategic investment in the recently merged ASP4all Bitbrains Group. The investment by Vitruvian helps to accelerate the…

Lapmaster Group Holdings LLC

Headwaters advised Lapmaster Group Holdings LLC, a leading supplier of micron level precision single-sided surface finishing equipment for lapping, polishing, grinding, and honing, on its…

Ceva Animal Health

Capitalmind advised Sofiprotéol in its participation to the reshaping of Ceva Santé Animale capital structure through a new round of financing (the group’s 4th LBO).…

Grupo Clinor

NORGESTION advised Grupo Clinor on their disposal of Serlimat Espaňola, their cleaning business covering specific geographical areas such as Central Spain, Northern Spain and…

View more >