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New Deal


Announced

Completed

Thomas H. Lee completed the acquisition of AutoStore from EQT.

Financials

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Transaction Value£1,460m
Consideration TypeCash
Capital Owned-
Capital Bid For90%
EV/Sales-
EV/EBITDA40x
Share Price Premium-
One Off Charge-

Tags

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robotics

Private

Private Equity

Acquisition

Friendly

Norway

Majority

Completed

Single Bidder

industrial robotics

Electronic Equipment: Other

Cross Border

Synopsis

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Thomas H. Lee Partners, a private equity firm investing in growth companies, completed the acquisition of AutoStore, a robotics and software company providing automation technology to warehouse & distribution facilities, from EQT. "Through its grid-based technology and proprietary software platform, AutoStore has demonstrated a superb reputation in the marketplace underpinned by its visionary engineering and R&D talent, impressive global distribution network, and exceptional product quality. We are excited to invest behind Karl Johan and his team and look forward to supporting AutoStore's rapid growth," Jim Carlisle, THL Managing Director.

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