Announced
Financials
Sources
Tags
Friendly
Germany
Computer Hardware
computer modules
Pending
Acquisition
Private Equity
Private
Mbo
Majority
Single Bidder
Domestic
Synopsis
Deutsche Beteiligungs, a listed private equity company, agreed to invest in cognatec, a provider of computer modules for industrial applications, at a $136m valuation. "With DBAG, we have found a partner for our company’s further development who is deeply familiar with our customers’ key target markets, and who brings financing competence and M&A expertise to the table. In company with DBAG and the DBAG Fund VIII, we are well-positioned to exploit the market opportunities," Jason Carlson, congatec CEO.
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