CrossLink is a leading manufacturer of composite components with a focus on health care, mechanical engineering, automotive and anti-ballistics. The range of services covers prototypes, small and medium series. The company stands distinguished from the competition with its very high precision and reliability.
CrossLink launched a new business unit in 2018 for the development of composite-based thermal solutions in lithium-ion batteries of electric vehicles. In a very short time, projects with well-known German automotive manufacturers were won and a solution for the temperature control and protection of battery systems was developed to serial production readiness. In order to be able to leverage the serial production potential, a strategic investor with experience in large-scale production for the automotive industry was sought. In Oerlikon, an ideal partner was found: in addition to its in-depth automotive and industrialization know-how, Oerlikon brings existing close and long-standing business relationships with relevant customers.
Proventis Partners advised CrossLink throughout the entire M&A process. The services provided included the preparation of marketing materials, the approach of potential investors including management presentations as well as support during due diligence and negotiation of the transaction.