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 The report shows that in some cases, where local incentives have been withdrawn, companies have pursued acquisitions in more economically attractive geographies.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

India never so close to Goods & Services Tax !!

While India has been trying to implement the Goods and Service Tax (GST) for the past six years, the country has never been so close. The GST is facing its biggest hurdle in the Upper House where the passing will require a two-thirds majority and where the distribution of seats is not in favour of the ruling NDA government.…

On your marques, get set, buy

The automotive retail sector is experiencing a dramatic rise in M&A activity.With ongoing low interest rates and strong consumer confidence, new vehicle sales are continuing to reach record levels month after month.…

Construction sector - Who is making the money?

The last few weeks have seen a raft of announcements from the large housebuilders – all unfailingly disclosing impressive results for 2015 driven by high single digit to mid-teens percentage growth in both completions and average sales value.…

Exploring Leveraged Recapitalizations as an Alternative to Selling a Business

Many owners of mid-sized private companies spend much of their working lives building a business yet ultimately reach a point where they seek to enjoy some of the financial rewards of their life-long efforts.…

Indian M&A: Can 2016 be turnaround year?

After 18% decline in M&A deals in 2015, corporates and investors are betting big on 2016.…

M&A in Dutch Digital market heating up

After a recovery of a few years M&A in the Dutch digital market is heating up. Aside from the traditional buyers (WPP, Publicis, Aegis and IPG) new platform companies have emerged such as Mediamonks, Oxyma and Tamtam. These companies, backed by large PE firms, are actively scanning the market to find additions to their product portfolio and we anticipate multiple transactions to be executed.…

2016 View from the US

The fundamentals that will drive M&A in the US and underpin US corporates’ appetite to acquire overseas in 2016 remain in place, despite the events of early January that have shown there are headwinds facing financial markets, resulting in significant volatility.…

A Manifest for Net Neutrality

For more than two decades all traffic in the internet was substantially treated equally (referred to as “net neutrality”).…

When Bad Things Happen to Good Companies: Seven Steps to Restoring a Company in Financial Distress

With volatility in today’s markets, the financial environment is unforgiving for faltering companies in the middle market.…

View more >

latest deals

Gorenjska banka - Project Philip

Capitalmind advised Gorenjska banka and its shareholders on a combined process to maximize shareholder value while achieving the €13m recapitalization in a potential combination with…

Precision Opinions - Puma

Management seeks to secure new business from clients and other research firms, and leverage the business’ existing capacity, systems and processes amassed over the past…

Forno della Rotonda S.p.A. - Spike

Ethica Corporate Finance advised the shareholders of Forno della Rotonda S.p.A. in the sale of the 100% stake to Headway Capital Partners, the London-based private…

Castaldi Lighting S.p.A. - Castaldi

Ethica Corporate Finance advised the shareholders of Castaldi Lighting S.p.A. in the sale to Headway Capital Partners, the London-based private equity secondary firm specialized in…

Audevard - Audevard Laboratories acquires Ceva's equine range

Capitalmind assisted Audevard Laboratories on its acquisition from Ceva Animal Health of its equine product portfolio in Europe, including Tildren, a well-established bone remodelling drug.…

Maehler & Kaege

Capitalmind advised Fields Group on the sale of Maehler & Kaege, a manufacturer of connectors, coils and wire & cable harnessing for the heavy-duty automotive…

Ufenau Capital Partners - Project Wilhelm Tell

Affentranger Associates and Capitalmind Germany jointly advised UCP, on the acquisition of a multidisciplinary healthcare network made up of seven medical practices in the German-speaking…

Kalenobel Ambalaj - Project Khios

On July 12, 2016, Mondi Group (JSE:MND; LSE:MNDI) acquired 90% shares in Kalenobel Ambalaj San. ve Tic. A.Ş. (“Kalenobel”) for an enterprise value of around…

Primat S.p.A.

Refinancing of existing private debt bond in order to lower the financing cost and reimbursing, on top, a shareholder loan.

Bistar S.r.l - CareDent

Ethica Corporate Finance advised the shareholders of Bistar S.r.l., the holding company which manages CareDent dental clinics in Italy, on the sale of the 80%…

Cabonline Group - Taxi

Experia Corporate Finance advised H.I.G. Capital on its acquisition of Cabonline Group.

The owner of Cabonline wanted to sell as no natural succession occurred. After…

Mackolik Internet Hizmetleri - Project Goal

Mackolik announced the sale of 51% of its shares to Perform Group back in June 2012, where Odin Financial Advisors also acquired a minority shareholding…

CP Electronics

Founded over 40 years ago, CP Electronics (CP) is the UK’s leading manufacturer of lighting control systems. It assists its blue chip customer base in…

Gerdau Aceros Europa - SIDENOR

The Spanish investor Clerbil, SL formed by the management team of Gerdau Aceros Europa acquired the European activities of the specialty steel producer of the…

Nana Oilfield Services - Project Landry

Headwaters MB announced today that it advised NANA Development Corporation on the sale of Nana Oilfield Services (NOSI) to Saltchuk Resources.

Project Landry kicked off…

View more >